Blender Financial Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Blender Financial Technologies has a total shareholder equity of ₪52.0M and total debt of ₪142.2M, which brings its debt-to-equity ratio to 273.5%. Its total assets and total liabilities are ₪206.2M and ₪154.2M respectively.
Key information
273.5%
Debt to equity ratio
₪142.16m
Debt
Interest coverage ratio | n/a |
Cash | ₪33.53m |
Equity | ₪51.97m |
Total liabilities | ₪154.22m |
Total assets | ₪206.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLND's short term assets (₪39.9M) do not cover its short term liabilities (₪77.1M).
Long Term Liabilities: BLND's short term assets (₪39.9M) do not cover its long term liabilities (₪77.1M).
Debt to Equity History and Analysis
Debt Level: BLND's net debt to equity ratio (209%) is considered high.
Reducing Debt: BLND's debt to equity ratio has increased from 157.7% to 273.5% 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: BLND has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BLND has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 25.5% each year.