Blencowe Resources Balance Sheet Health
Financial Health criteria checks 4/6
Blencowe Resources has a total shareholder equity of £5.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £7.6M and £2.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£444.99k |
| Equity | UK£5.60m |
| Total liabilities | UK£2.02m |
| Total assets | UK£7.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BRES's short term assets (£558.5K) do not cover its short term liabilities (£1.2M).
Long Term Liabilities: BRES's short term assets (£558.5K) do not cover its long term liabilities (£783.5K).
Debt to Equity History and Analysis
Debt Level: BRES is debt free.
Reducing Debt: BRES has not had any debt for 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: BRES has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BRES is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.