Bluejay Diagnostics Balance Sheet Health
Financial Health criteria checks 6/6
Bluejay Diagnostics has a total shareholder equity of $2.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.9M and $2.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.21m |
Equity | US$2.89m |
Total liabilities | US$1.97m |
Total assets | US$4.87m |
Financial Position Analysis
Short Term Liabilities: BJDX's short term assets ($3.2M) exceed its short term liabilities ($1.8M).
Long Term Liabilities: BJDX's short term assets ($3.2M) exceed its long term liabilities ($202.3K).
Debt to Equity History and Analysis
Debt Level: BJDX is debt free.
Reducing Debt: BJDX had no debt 5 years ago.
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: BJDX has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BJDX is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.