Blue Shark Power System Balance Sheet Health
Financial Health criteria checks 3/6
Blue Shark Power System has a total shareholder equity of €912.9K and total debt of €111.1K, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are €1.3M and €344.7K respectively.
Key information
12.2%
Debt to equity ratio
€111.09k
Debt
Interest coverage ratio | n/a |
Cash | €43.54k |
Equity | €912.89k |
Total liabilities | €344.73k |
Total assets | €1.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLBSP's short term assets (€509.4K) exceed its short term liabilities (€115.6K).
Long Term Liabilities: MLBSP's short term assets (€509.4K) exceed its long term liabilities (€229.2K).
Debt to Equity History and Analysis
Debt Level: MLBSP's net debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: MLBSP's debt to equity ratio has increased from 3.8% to 12.2% 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: Insufficient data to determine if MLBSP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MLBSP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.