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 ratio | n/a |
| Cash | US$1.05m |
| Equity | US$22.25m |
| Total liabilities | US$1.12m |
| Total assets | US$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.