BIGG Digital Assets Financial Health
Financial Health criteria checks 5/6
BIGG Digital Assets has a total shareholder equity of CA$23.1M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$67.4M and CA$44.3M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.68m |
| Equity | CA$23.12m |
| Total liabilities | CA$44.28m |
| Total assets | CA$67.40m |
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$53.9M) exceed its short term liabilities (CA$44.3M).
Long Term Liabilities: BIGG's short term assets (CA$53.9M) exceed its long term liabilities (CA$7.3K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BIGG has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 46.8% each year.