Bluebird Mining Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Bluebird Mining Ventures has a total shareholder equity of $18.8M and total debt of $429.6K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are $20.0M and $1.2M respectively.
Key information
2.3%
Debt to equity ratio
US$429.58k
Debt
| Interest coverage ratio | n/a |
| Cash | US$72.61k |
| Equity | US$18.80m |
| Total liabilities | US$1.18m |
| Total assets | US$19.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BMV's short term assets ($89.1K) do not cover its short term liabilities ($1.2M).
Long Term Liabilities: BMV has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BMV's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: BMV's debt to equity ratio has reduced from 48.4% to 2.3% 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: BMV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BMV has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.6% each year.