Bitterroot Resources Balance Sheet Health
Financial Health criteria checks 3/6
Bitterroot Resources has a total shareholder equity of CA$5.2M and total debt of CA$117.4K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are CA$5.6M and CA$367.2K respectively.
Key information
2.3%
Debt to equity ratio
CA$117.41k
Debt
Interest coverage ratio | n/a |
Cash | CA$14.75k |
Equity | CA$5.19m |
Total liabilities | CA$367.22k |
Total assets | CA$5.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTT's short term assets (CA$20.5K) do not cover its short term liabilities (CA$367.2K).
Long Term Liabilities: BTT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BTT's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: BTT's debt to equity ratio has reduced from 5.4% to 2.3% 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: BTT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.7% each year