Fujian Blue Hat Interactive Entertainment Technology Ltd.

NasdaqCM:BHAT Stock Report

Market Cap: US$71.8m

Fujian Blue Hat Interactive Entertainment Technology Balance Sheet Health

Financial Health criteria checks 4/6

Fujian Blue Hat Interactive Entertainment Technology has a total shareholder equity of $14.3M and total debt of $1.6M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are $35.1M and $20.8M respectively.

Key information

11.3%

Debt to equity ratio

US$1.61m

Debt

Interest coverage ration/a
CashUS$133.15k
EquityUS$14.32m
Total liabilitiesUS$20.81m
Total assetsUS$35.13m

Recent financial health updates

Recent updates

Market Cool On Fujian Blue Hat Interactive Entertainment Technology Ltd.'s (NASDAQ:BHAT) Revenues

Apr 19
Market Cool On Fujian Blue Hat Interactive Entertainment Technology Ltd.'s (NASDAQ:BHAT) Revenues

Take Care Before Diving Into The Deep End On Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT)

Dec 27
Take Care Before Diving Into The Deep End On Fujian Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ:BHAT)

Blue Hat announces joint operation with new partner

Sep 06

Blue Hat drops 7.5% on acquisition Shengruihao Technology

Aug 26

Blue Hat Interactive Entertainment Technology to raise $3.6M at premium equity offering

Jul 12

Blue Hat Interactive Entertainment Technology reports Q1 results

May 05

Blue Hat reports rapid growth from Csfctech since acquisition

Apr 28

Blue Hat Interactive Entertainment Technology falls 11.3%, raises ~$7.59M in capital

Feb 01

Are Strong Financial Prospects The Force That Is Driving The Momentum In Fujian Blue Hat Interactive Entertainment Technology Ltd.'s NASDAQ:BHAT) Stock?

Jan 14
Are Strong Financial Prospects The Force That Is Driving The Momentum In Fujian Blue Hat Interactive Entertainment Technology Ltd.'s NASDAQ:BHAT) Stock?

Blue Hat inks cooperation agreement for Greater Bay Area expansion

Nov 24

Blue Hat notified of Nasdaq non-compliance for minimum bid price

Nov 11

Financial Position Analysis

Short Term Liabilities: BHAT's short term assets ($23.5M) exceed its short term liabilities ($18.6M).

Long Term Liabilities: BHAT's short term assets ($23.5M) exceed its long term liabilities ($2.2M).


Debt to Equity History and Analysis

Debt Level: BHAT's net debt to equity ratio (10.3%) is considered satisfactory.

Reducing Debt: BHAT's debt to equity ratio has reduced from 12% to 11.3% 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: Insufficient data to determine if BHAT has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if BHAT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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