Bluechiip Balance Sheet Health
Financial Health criteria checks 5/6
Bluechiip has a total shareholder equity of A$1.2M and total debt of A$250.0K, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are A$4.5M and A$3.4M respectively.
Key information
21.1%
Debt to equity ratio
AU$250.00k
Debt
Interest coverage ratio | n/a |
Cash | AU$239.11k |
Equity | AU$1.18m |
Total liabilities | AU$3.36m |
Total assets | AU$4.54m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1BL's short term assets (A$4.3M) exceed its short term liabilities (A$3.2M).
Long Term Liabilities: 1BL's short term assets (A$4.3M) exceed its long term liabilities (A$115.3K).
Debt to Equity History and Analysis
Debt Level: 1BL's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: 1BL's debt to equity ratio has increased from 0% to 21.1% 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: 1BL has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1BL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.