BluMetric Environmental Balance Sheet Health
Financial Health criteria checks 5/6
BluMetric Environmental has a total shareholder equity of CA$12.5M and total debt of CA$696.0K, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are CA$21.2M and CA$8.7M respectively. BluMetric Environmental's EBIT is CA$671.7K making its interest coverage ratio 3.6. It has cash and short-term investments of CA$1.5M.
Key information
5.6%
Debt to equity ratio
CA$695.96k
Debt
Interest coverage ratio | 3.6x |
Cash | CA$1.45m |
Equity | CA$12.48m |
Total liabilities | CA$8.74m |
Total assets | CA$21.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SEPO.F's short term assets (CA$17.4M) exceed its short term liabilities (CA$6.2M).
Long Term Liabilities: SEPO.F's short term assets (CA$17.4M) exceed its long term liabilities (CA$2.5M).
Debt to Equity History and Analysis
Debt Level: SEPO.F has more cash than its total debt.
Reducing Debt: SEPO.F's debt to equity ratio has reduced from 77.6% to 5.6% over the past 5 years.
Debt Coverage: SEPO.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SEPO.F's interest payments on its debt are well covered by EBIT (3.6x coverage).