Bayhorse Silver Balance Sheet Health
Financial Health criteria checks 5/6
Bayhorse Silver has a total shareholder equity of CA$495.1K and total debt of CA$443.1K, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are CA$2.5M and CA$2.0M respectively.
Key information
89.5%
Debt to equity ratio
CA$443.07k
Debt
Interest coverage ratio | n/a |
Cash | CA$482.57k |
Equity | CA$495.13k |
Total liabilities | CA$2.02m |
Total assets | CA$2.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7KXN's short term assets (CA$1.1M) do not cover its short term liabilities (CA$1.5M).
Long Term Liabilities: 7KXN's short term assets (CA$1.1M) exceed its long term liabilities (CA$546.4K).
Debt to Equity History and Analysis
Debt Level: 7KXN has more cash than its total debt.
Reducing Debt: 7KXN had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 7KXN has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 7KXN is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.