Bayhorse Silver Balance Sheet Health
Financial Health criteria checks 4/6
Bayhorse Silver has a total shareholder equity of CA$85.7K and total debt of CA$431.1K, which brings its debt-to-equity ratio to 503.1%. Its total assets and total liabilities are CA$2.3M and CA$2.2M respectively.
Key information
503.1%
Debt to equity ratio
CA$431.14k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$189.45k |
| Equity | CA$85.69k |
| Total liabilities | CA$2.17m |
| Total assets | CA$2.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BHS's short term assets (CA$948.7K) do not cover its short term liabilities (CA$1.6M).
Long Term Liabilities: BHS's short term assets (CA$948.7K) exceed its long term liabilities (CA$546.4K).
Debt to Equity History and Analysis
Debt Level: BHS's net debt to equity ratio (282%) is considered high.
Reducing Debt: BHS 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: BHS has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BHS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.