Blackbird Balance Sheet Health
Financial Health criteria checks 6/6
Blackbird has a total shareholder equity of £8.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.9M and £1.1M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£6.47m |
Equity | UK£8.80m |
Total liabilities | UK£1.11m |
Total assets | UK£9.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FBD's short term assets (£7.3M) exceed its short term liabilities (£1.1M).
Long Term Liabilities: FBD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FBD is debt free.
Reducing Debt: FBD has not had any debt for 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: FBD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: FBD has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 7.6% each year.