Bright Green Balance Sheet Health
Financial Health criteria checks 2/6
Bright Green has a total shareholder equity of $8.9M and total debt of $805.3K, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are $16.0M and $7.0M respectively.
Key information
9.0%
Debt to equity ratio
US$805.32k
Debt
| Interest coverage ratio | n/a |
| Cash | US$40.37k |
| Equity | US$8.92m |
| Total liabilities | US$7.04m |
| Total assets | US$15.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BGXX's short term assets ($52.3K) do not cover its short term liabilities ($7.0M).
Long Term Liabilities: BGXX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BGXX's net debt to equity ratio (8.6%) 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 25.2% each year