Advanced Blockchain Balance Sheet Health
Financial Health criteria checks 3/6
Advanced Blockchain has a total shareholder equity of €14.5M and total debt of €2.5M, which brings its debt-to-equity ratio to 17.2%. Its total assets and total liabilities are €21.5M and €7.0M respectively.
Key information
17.2%
Debt to equity ratio
€2.49m
Debt
| Interest coverage ratio | n/a |
| Cash | €475.08k |
| Equity | €14.48m |
| Total liabilities | €7.05m |
| Total assets | €21.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BWQ's short term assets (€19.9M) exceed its short term liabilities (€4.3M).
Long Term Liabilities: BWQ's short term assets (€19.9M) exceed its long term liabilities (€2.7M).
Debt to Equity History and Analysis
Debt Level: BWQ's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: BWQ's debt to equity ratio has increased from 0% to 17.2% over the past 5 years.
Debt Coverage: Insufficient data to determine if BWQ's debt is well covered by operating cash flow.
Interest Coverage: Insufficient data to determine if BWQ's interest payments on its debt are well covered by EBIT.