Bitech Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Bitech Technologies has a total shareholder equity of $21.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $22.9M and $1.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$298.51k |
| Equity | US$21.79m |
| Total liabilities | US$1.15m |
| Total assets | US$22.95m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTTC's short term assets ($725.3K) do not cover its short term liabilities ($1.2M).
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: BTTC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BTTC has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 29.1% each year.