Bridgeline Digital Balance Sheet Health
Financial Health criteria checks 3/6
Bridgeline Digital has a total shareholder equity of $10.7M and total debt of $612.0K, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $16.3M and $5.6M respectively.
Key information
5.7%
Debt to equity ratio
US$612.00k
Debt
Interest coverage ratio | n/a |
Cash | US$1.30m |
Equity | US$10.67m |
Total liabilities | US$5.61m |
Total assets | US$16.28m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BL43's short term assets ($3.2M) do not cover its short term liabilities ($4.6M).
Long Term Liabilities: BL43's short term assets ($3.2M) exceed its long term liabilities ($1.0M).
Debt to Equity History and Analysis
Debt Level: BL43 has more cash than its total debt.
Reducing Debt: BL43's debt to equity ratio has increased from 0% to 5.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: BL43 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BL43 has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.5% each year.