BIGG Digital Assets Inc.

CNSX:BIGG Stock Report

Market Cap: CA$60.4m

BIGG Digital Assets Balance Sheet Health

Financial Health criteria checks 6/6

BIGG Digital Assets has a total shareholder equity of CA$44.4M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$183.4M and CA$139.0M respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$12.08m
EquityCA$44.43m
Total liabilitiesCA$138.98m
Total assetsCA$183.41m

Recent financial health updates

Recent updates

We're Not Very Worried About BIGG Digital Assets' (CSE:BIGG) Cash Burn Rate

Aug 03
We're Not Very Worried About BIGG Digital Assets' (CSE:BIGG) Cash Burn Rate

We Think BIGG Digital Assets (CSE:BIGG) Can Easily Afford To Drive Business Growth

Jan 03
We Think BIGG Digital Assets (CSE:BIGG) Can Easily Afford To Drive Business Growth

BIGG Digital Assets (CSE:BIGG) Is Posting Healthy Earnings, But It Is Not All Good News

Jun 15
BIGG Digital Assets (CSE:BIGG) Is Posting Healthy Earnings, But It Is Not All Good News

Is BIGG Digital Assets (CSE:BIGG) In A Good Position To Invest In Growth?

Jan 06
Is BIGG Digital Assets (CSE:BIGG) In A Good Position To Invest In Growth?

Financial Position Analysis

Short Term Liabilities: BIGG's short term assets (CA$162.3M) exceed its short term liabilities (CA$138.9M).

Long Term Liabilities: BIGG's short term assets (CA$162.3M) exceed its long term liabilities (CA$42.2K).


Debt to Equity History and Analysis

Debt Level: BIGG is debt free.

Reducing Debt: BIGG had no debt 5 years ago.


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: BIGG has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: BIGG has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 6.3% each year.


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