Burcon NutraScience Balance Sheet Health
Financial Health criteria checks 1/6
Burcon NutraScience has a total shareholder equity of CA$1.7M and total debt of CA$6.7M, which brings its debt-to-equity ratio to 404.5%. Its total assets and total liabilities are CA$9.6M and CA$7.9M respectively.
Key information
404.5%
Debt to equity ratio
CA$6.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.04m |
| Equity | CA$1.66m |
| Total liabilities | CA$7.91m |
| Total assets | CA$9.57m |
Recent financial health updates
Is Burcon NutraScience (TSE:BU) Using Too Much Debt?
Sep 18
Burcon NutraScience (TSE:BU) Is In A Good Position To Deliver On Growth Plans
May 19We Think Burcon NutraScience (TSE:BU) Can Afford To Drive Business Growth
Dec 24Recent updates
Is Burcon NutraScience (TSE:BU) Using Too Much Debt?
Sep 18Burcon NutraScience (TSE:BU) Is In A Good Position To Deliver On Growth Plans
May 19What Does Burcon NutraScience Corporation's (TSE:BU) Share Price Indicate?
Mar 08We Think Burcon NutraScience (TSE:BU) Can Afford To Drive Business Growth
Dec 24The Compensation For Burcon NutraScience Corporation's (TSE:BU) CEO Looks Deserved And Here's Why
Sep 09Calculating The Fair Value Of Burcon NutraScience Corporation (TSE:BU)
Jul 03Financial Position Analysis
Short Term Liabilities: BU's short term assets (CA$2.0M) do not cover its short term liabilities (CA$6.8M).
Long Term Liabilities: BU's short term assets (CA$2.0M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: BU's net debt to equity ratio (341.8%) is considered high.
Reducing Debt: BU's debt to equity ratio has increased from 0% to 404.5% 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: BU has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.6% each year