Blackboxstocks Balance Sheet Health
Financial Health criteria checks 3/6
Blackboxstocks has a total shareholder equity of $7.3M and total debt of $39.6K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are $9.8M and $2.5M respectively.
Key information
0.5%
Debt to equity ratio
US$39.61k
Debt
Interest coverage ratio | n/a |
Cash | US$475.65k |
Equity | US$7.30m |
Total liabilities | US$2.53m |
Total assets | US$9.83m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BLBX's short term assets ($1.0M) do not cover its short term liabilities ($2.2M).
Long Term Liabilities: BLBX's short term assets ($1.0M) exceed its long term liabilities ($299.0K).
Debt to Equity History and Analysis
Debt Level: BLBX has more cash than its total debt.
Reducing Debt: BLBX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: BLBX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BLBX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.4% each year