Blockchain Group Balance Sheet Health
Financial Health criteria checks 3/6
Blockchain Group has a total shareholder equity of €27.3M and total debt of €5.9M, which brings its debt-to-equity ratio to 21.6%. Its total assets and total liabilities are €50.8M and €23.5M respectively.
Key information
21.6%
Debt to equity ratio
€5.90m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.02m |
| Equity | €27.28m |
| Total liabilities | €23.55m |
| Total assets | €50.83m |
Recent financial health updates
Is Blockchain Group (EPA:ALTBG) Using Too Much Debt?
Dec 21
Blockchain Group (EPA:ALTBG) Is Making Moderate Use Of Debt
Apr 30Recent updates
Is Blockchain Group (EPA:ALTBG) Using Too Much Debt?
Dec 21With A 30% Price Drop For The Blockchain Group (EPA:ALTBG) You'll Still Get What You Pay For
May 17Blockchain Group (EPA:ALTBG) Is Making Moderate Use Of Debt
Apr 30A Closer Look At The Blockchain Group's (EPA:ALTBG) Impressive ROE
Feb 28The Blockchain Group (EPA:ALTBG) Share Price Has Soared 530%, Delighting Many Shareholders
Jan 24
Estimating The Intrinsic Value Of The Blockchain Group (EPA:ALTBG)
Dec 21Should You Be Excited About The Blockchain Group's (EPA:ALTBG) 12% Return On Equity?
Nov 25Financial Position Analysis
Short Term Liabilities: ALTBG's short term assets (€15.3M) do not cover its short term liabilities (€19.0M).
Long Term Liabilities: ALTBG's short term assets (€15.3M) exceed its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: ALTBG's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: ALTBG's debt to equity ratio has reduced from 969.2% to 21.6% 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 ALTBG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTBG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.