Blackline Safety Balance Sheet Health
Financial Health criteria checks 4/6
Blackline Safety has a total shareholder equity of CA$57.5M and total debt of CA$18.0M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are CA$143.4M and CA$85.9M respectively.
Key information
31.3%
Debt to equity ratio
CA$17.97m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$40.83m |
| Equity | CA$57.50m |
| Total liabilities | CA$85.87m |
| Total assets | CA$143.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BLKL.F's short term assets (CA$108.3M) exceed its short term liabilities (CA$52.4M).
Long Term Liabilities: BLKL.F's short term assets (CA$108.3M) exceed its long term liabilities (CA$33.5M).
Debt to Equity History and Analysis
Debt Level: BLKL.F has more cash than its total debt.
Reducing Debt: BLKL.F's debt to equity ratio has increased from 0.9% to 31.3% 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: BLKL.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if BLKL.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.