Bluestone Resources Balance Sheet Health
Financial Health criteria checks 0/6
Bluestone Resources has a total shareholder equity of $22.5M and total debt of $17.0M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are $54.8M and $32.3M respectively.
Key information
75.6%
Debt to equity ratio
US$17.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.43m |
| Equity | US$22.49m |
| Total liabilities | US$32.27m |
| Total assets | US$54.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBSR.F's short term assets ($1.8M) do not cover its short term liabilities ($21.0M).
Long Term Liabilities: BBSR.F's short term assets ($1.8M) do not cover its long term liabilities ($11.2M).
Debt to Equity History and Analysis
Debt Level: BBSR.F's net debt to equity ratio (69.3%) is considered high.
Reducing Debt: BBSR.F's debt to equity ratio has increased from 0% to 75.6% 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: BBSR.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BBSR.F has less than a year of cash runway if free cash flow continues to grow at historical rates of 9.9% each year.