Blackstone Resources Balance Sheet Health
Financial Health criteria checks 3/6
Blackstone Resources has a total shareholder equity of CHF84.1M and total debt of CHF16.5M, which brings its debt-to-equity ratio to 19.6%. Its total assets and total liabilities are CHF111.0M and CHF26.9M respectively.
Key information
19.6%
Debt to equity ratio
CHF 16.50m
Debt
Interest coverage ratio | n/a |
Cash | CHF 2.26m |
Equity | CHF 84.13m |
Total liabilities | CHF 26.91m |
Total assets | CHF 111.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLSZ's short term assets (CHF7.5M) exceed its short term liabilities (CHF3.8M).
Long Term Liabilities: BLSZ's short term assets (CHF7.5M) do not cover its long term liabilities (CHF23.1M).
Debt to Equity History and Analysis
Debt Level: BLSZ's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: BLSZ's debt to equity ratio has reduced from 139.5% to 19.6% over the past 5 years.
Debt Coverage: BLSZ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BLSZ's interest payments on its debt are well covered by EBIT.