Blue Diamonds Jewellery Worldwide Balance Sheet Health
Financial Health criteria checks 3/6
Blue Diamonds Jewellery Worldwide has a total shareholder equity of LKR148.4M and total debt of LKR44.8M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are LKR243.1M and LKR94.8M respectively.
Key information
30.2%
Debt to equity ratio
LK₨44.80m
Debt
| Interest coverage ratio | n/a |
| Cash | LK₨287.00k |
| Equity | LK₨148.35m |
| Total liabilities | LK₨94.78m |
| Total assets | LK₨243.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLUE.X0000's short term assets (LKR138.4M) exceed its short term liabilities (LKR87.1M).
Long Term Liabilities: BLUE.X0000's short term assets (LKR138.4M) exceed its long term liabilities (LKR7.7M).
Debt to Equity History and Analysis
Debt Level: BLUE.X0000's net debt to equity ratio (30%) is considered satisfactory.
Reducing Debt: BLUE.X0000's debt to equity ratio has increased from 24.2% to 30.2% 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.X0000 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLUE.X0000 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43% each year