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Cathedra Bitcoin Balance Sheet Health
Financial Health criteria checks 2/6
Cathedra Bitcoin has a total shareholder equity of CA$10.0M and total debt of CA$5.3M, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are CA$19.9M and CA$9.9M respectively.
Key information
52.7%
Debt to equity ratio
CA$5.29m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$833.11k |
| Equity | CA$10.04m |
| Total liabilities | CA$9.90m |
| Total assets | CA$19.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FB00's short term assets (CA$6.6M) exceed its short term liabilities (CA$4.4M).
Long Term Liabilities: FB00's short term assets (CA$6.6M) exceed its long term liabilities (CA$5.5M).
Debt to Equity History and Analysis
Debt Level: FB00's net debt to equity ratio (44.4%) is considered high.
Reducing Debt: FB00's debt to equity ratio has increased from 0% to 52.7% 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: FB00 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FB00 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.4% each year