Beowulf Mining Balance Sheet Health
Financial Health criteria checks 6/6
Beowulf Mining has a total shareholder equity of £15.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £16.1M and £471.3K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£905.56k |
Equity | UK£15.62m |
Total liabilities | UK£471.29k |
Total assets | UK£16.09m |
Recent financial health updates
Can Beowulf Mining (LON:BEM) Afford To Invest In Growth?
Oct 26Beowulf Mining (LON:BEM) Is Making Moderate Use Of Debt
Apr 25Is Beowulf Mining (LON:BEM) Using Too Much Debt?
Dec 21We Think Beowulf Mining (LON:BEM) Needs To Drive Business Growth Carefully
Sep 01We're Hopeful That Beowulf Mining (LON:BEM) Will Use Its Cash Wisely
Apr 29We Think Beowulf Mining (LON:BEM) Can Afford To Drive Business Growth
Dec 26Recent updates
Can Beowulf Mining (LON:BEM) Afford To Invest In Growth?
Oct 26Beowulf Mining (LON:BEM) Is Making Moderate Use Of Debt
Apr 25Is Beowulf Mining (LON:BEM) Using Too Much Debt?
Dec 21We Think Beowulf Mining (LON:BEM) Needs To Drive Business Growth Carefully
Sep 01We're Hopeful That Beowulf Mining (LON:BEM) Will Use Its Cash Wisely
Apr 29We Think Beowulf Mining (LON:BEM) Can Afford To Drive Business Growth
Dec 26Here's Why We're Not At All Concerned With Beowulf Mining's (LON:BEM) Cash Burn Situation
Sep 12Beowulf Mining (LON:BEM) Is In A Strong Position To Grow Its Business
May 29Financial Position Analysis
Short Term Liabilities: BEM's short term assets (£1.1M) exceed its short term liabilities (£456.2K).
Long Term Liabilities: BEM's short term assets (£1.1M) exceed its long term liabilities (£15.1K).
Debt to Equity History and Analysis
Debt Level: BEM is debt free.
Reducing Debt: BEM had no debt 5 years ago.
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: BEM has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BEM is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.