Blackboxstocks Balance Sheet Health
Financial Health criteria checks 5/6
Blackboxstocks has a total shareholder equity of $5.8M and total debt of $207.8K, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are $9.9M and $4.1M respectively.
Key information
3.6%
Debt to equity ratio
US$207.79k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.06m |
| Equity | US$5.77m |
| Total liabilities | US$4.11m |
| Total assets | US$9.88m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BLBX's short term assets ($1.1M) do not cover its short term liabilities ($3.8M).
Long Term Liabilities: BLBX's short term assets ($1.1M) exceed its long term liabilities ($262.5K).
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 sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BLBX is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.