Bright Mountain Media, Inc.

OTCPK:BMTM Stock Report

Market Cap: US$20.1m

Bright Mountain Media Balance Sheet Health

Financial Health criteria checks 2/6

Bright Mountain Media has a total shareholder equity of $-51.3M and total debt of $67.3M, which brings its debt-to-equity ratio to -131.2%. Its total assets and total liabilities are $41.7M and $93.0M respectively.

Key information

-131.2%

Debt to equity ratio

US$67.34m

Debt

Interest coverage ration/a
CashUS$4.92m
Equity-US$51.32m
Total liabilitiesUS$93.04m
Total assetsUS$41.72m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BMTM has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: BMTM has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: BMTM has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: BMTM's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


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: BMTM has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BMTM has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 6.8% each year.


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