Bridgeline Digital Balance Sheet Health
Financial Health criteria checks 3/6
Bridgeline Digital has a total shareholder equity of $10.4M and total debt of $524.0K, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $16.0M and $5.5M respectively.
Key information
5.0%
Debt to equity ratio
US$524.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.20m |
| Equity | US$10.42m |
| Total liabilities | US$5.55m |
| Total assets | US$15.97m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BL43's short term assets ($3.1M) do not cover its short term liabilities ($4.6M).
Long Term Liabilities: BL43's short term assets ($3.1M) exceed its long term liabilities ($943.0K).
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% 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 27.9% each year.