Blackbird Balance Sheet Health
Financial Health criteria checks 6/6
Blackbird has a total shareholder equity of £8.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.2M and £844.5K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£5.62m |
| Equity | UK£8.32m |
| Total liabilities | UK£844.47k |
| Total assets | UK£9.17m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BBRD.F's short term assets (£6.0M) exceed its short term liabilities (£844.5K).
Long Term Liabilities: BBRD.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BBRD.F is debt free.
Reducing Debt: BBRD.F has not had any debt for 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: BBRD.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BBRD.F has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 11.2% each year.