Bitech Technologies Corporation

OTCPK:BTTC Stock Report

Market Cap: US$50.0m

Bitech Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Bitech Technologies has a total shareholder equity of $22.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $23.4M and $1.1M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$1.05m
EquityUS$22.25m
Total liabilitiesUS$1.12m
Total assetsUS$23.37m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: BTTC's short term assets ($1.1M) exceed its short term liabilities ($1.1M).

Long Term Liabilities: BTTC has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: BTTC is debt free.

Reducing Debt: BTTC has not had any debt for 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: Whilst unprofitable BTTC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: BTTC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.6% per year.


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