BYND Cannasoft Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
BYND Cannasoft Enterprises has a total shareholder equity of CA$49.1M and total debt of CA$92.8K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$49.6M and CA$422.0K respectively.
Key information
0.2%
Debt to equity ratio
CA$92.83k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.18m |
| Equity | CA$49.13m |
| Total liabilities | CA$421.95k |
| Total assets | CA$49.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BYND's short term assets (CA$2.9M) exceed its short term liabilities (CA$292.4K).
Long Term Liabilities: BYND's short term assets (CA$2.9M) exceed its long term liabilities (CA$129.6K).
Debt to Equity History and Analysis
Debt Level: BYND has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BYND's debt to equity ratio has reduced 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: BYND has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BYND has less than a year of cash runway if free cash flow continues to reduce at historical rates of 60.3% each year