Bright Green Balance Sheet Health
Financial Health criteria checks 2/6
Bright Green has a total shareholder equity of $11.0M and total debt of $201.8K, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are $17.4M and $6.4M respectively.
Key information
1.8%
Debt to equity ratio
US$201.78k
Debt
Interest coverage ratio | n/a |
Cash | US$10.06k |
Equity | US$10.96m |
Total liabilities | US$6.44m |
Total assets | US$17.40m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BGXX's short term assets ($268.3K) do not cover its short term liabilities ($6.2M).
Long Term Liabilities: BGXX's short term assets ($268.3K) exceed its long term liabilities ($201.8K).
Debt to Equity History and Analysis
Debt Level: BGXX's net debt to equity ratio (1.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BGXX's debt to equity ratio has reduced 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: BGXX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BGXX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 56.8% each year