Blue Diamonds Jewellery Worldwide Balance Sheet Health
Financial Health criteria checks 3/6
Blue Diamonds Jewellery Worldwide has a total shareholder equity of LKR174.8M and total debt of LKR47.6M, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are LKR263.6M and LKR88.8M respectively.
Key information
27.2%
Debt to equity ratio
LK₨47.59m
Debt
Interest coverage ratio | n/a |
Cash | LK₨37.85m |
Equity | LK₨174.78m |
Total liabilities | LK₨88.82m |
Total assets | LK₨263.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLUE.N0000's short term assets (LKR155.5M) exceed its short term liabilities (LKR62.2M).
Long Term Liabilities: BLUE.N0000's short term assets (LKR155.5M) exceed its long term liabilities (LKR26.6M).
Debt to Equity History and Analysis
Debt Level: BLUE.N0000's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: BLUE.N0000's debt to equity ratio has increased from 19.3% to 27.2% 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: BLUE.N0000 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLUE.N0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.6% each year