Beacon Energy Balance Sheet Health
Financial Health criteria checks 1/6
Beacon Energy has a total shareholder equity of $17.0M and total debt of $3.9M, which brings its debt-to-equity ratio to 22.8%. Its total assets and total liabilities are $29.3M and $12.3M respectively.
Key information
22.8%
Debt to equity ratio
US$3.88m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.40m |
| Equity | US$16.98m |
| Total liabilities | US$12.34m |
| Total assets | US$29.32m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BCE's short term assets ($4.6M) do not cover its short term liabilities ($5.5M).
Long Term Liabilities: BCE's short term assets ($4.6M) do not cover its long term liabilities ($6.8M).
Debt to Equity History and Analysis
Debt Level: BCE's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: BCE's debt to equity ratio has increased from 0% to 22.8% 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: BCE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BCE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.9% each year