Blue Star Foods Balance Sheet Health
Financial Health criteria checks 4/6
Blue Star Foods has a total shareholder equity of $4.7M and total debt of $1.1M, which brings its debt-to-equity ratio to 23.6%. Its total assets and total liabilities are $7.8M and $3.1M respectively.
Key information
23.6%
Debt to equity ratio
US$1.11m
Debt
| Interest coverage ratio | n/a |
| Cash | US$72.70k |
| Equity | US$4.73m |
| Total liabilities | US$3.11m |
| Total assets | US$7.84m |
Recent financial health updates
Recent updates
Blue Star Foods extends multi-year supply relationship with Avendra
Sep 19Blue Star Foods extends multi-year supply relationship with Sysco
Sep 13Blue Star Foods GAAP EPS of -$0.06, revenue of $3M
Aug 16Would Blue Star Foods (NASDAQ:BSFC) Be Better Off With Less Debt?
Jul 04
Blue Star Foods: Convertible Note Deals Could Create Compelling Short Selling Opportunities
Mar 03Would Blue Star Foods (NASDAQ:BSFC) Be Better Off With Less Debt?
Dec 02Financial Position Analysis
Short Term Liabilities: BSFC's short term assets ($5.5M) exceed its short term liabilities ($2.9M).
Long Term Liabilities: BSFC's short term assets ($5.5M) exceed its long term liabilities ($187.6K).
Debt to Equity History and Analysis
Debt Level: BSFC's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: BSFC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BSFC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BSFC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 14:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Blue Star Foods Corp. is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Hunter Diamond | Diamond Equity Research LLC |
| Brian Wright | Roth MKM |