BIGG Digital Assets Balance Sheet Health
Financial Health criteria checks 6/6
BIGG Digital Assets has a total shareholder equity of CA$32.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$97.6M and CA$65.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.41m |
| Equity | CA$32.04m |
| Total liabilities | CA$65.52m |
| Total assets | CA$97.56m |
Recent financial health updates
We're Not Very Worried About BIGG Digital Assets' (CSE:BIGG) Cash Burn Rate
Aug 03
We Think BIGG Digital Assets (CSE:BIGG) Can Easily Afford To Drive Business Growth
Jan 03Is BIGG Digital Assets (CSE:BIGG) In A Good Position To Invest In Growth?
Jan 06Recent updates
We're Not Very Worried About BIGG Digital Assets' (CSE:BIGG) Cash Burn Rate
Aug 03We Think BIGG Digital Assets (CSE:BIGG) Can Easily Afford To Drive Business Growth
Jan 03BIGG Digital Assets (CSE:BIGG) Is Posting Healthy Earnings, But It Is Not All Good News
Jun 15Is BIGG Digital Assets (CSE:BIGG) In A Good Position To Invest In Growth?
Jan 06Financial Position Analysis
Short Term Liabilities: BIGG's short term assets (CA$76.8M) exceed its short term liabilities (CA$65.5M).
Long Term Liabilities: BIGG has no long term liabilities.
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: Whilst unprofitable BIGG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BIGG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 12.7% per year.