BT Brands Balance Sheet Health
Financial Health criteria checks 6/6
BT Brands has a total shareholder equity of $8.5M and total debt of $2.3M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are $13.7M and $5.2M respectively.
Key information
27.5%
Debt to equity ratio
US$2.34m
Debt
| Interest coverage ratio | n/a |
| Cash | US$5.06m |
| Equity | US$8.50m |
| Total liabilities | US$5.18m |
| Total assets | US$13.68m |
Recent financial health updates
Recent updates
Is BT Brands (NASDAQ:BTBD) Weighed On By Its Debt Load?
Nov 16
Market Might Still Lack Some Conviction On BT Brands, Inc. (NASDAQ:BTBD) Even After 29% Share Price Boost
Sep 07A Piece Of The Puzzle Missing From BT Brands, Inc.'s (NASDAQ:BTBD) 27% Share Price Climb
Jun 29BT Brands, Inc. (NASDAQ:BTBD) Stock's 27% Dive Might Signal An Opportunity But It Requires Some Scrutiny
May 14Not Many Are Piling Into BT Brands, Inc. (NASDAQ:BTBD) Just Yet
Mar 02BT Brands (NASDAQ:BTBD) Might Be Having Difficulty Using Its Capital Effectively
Apr 17BT Brands GAAP EPS of -$0.01, revenue of $3.5M
Aug 16BT Brands, Inc.'s (NASDAQ:BTBD) Stock Retreats 30% But Earnings Haven't Escaped The Attention Of Investors
Feb 16BT Brands, Inc. (NASDAQ:BTBD) Shares Slammed 30% But Getting In Cheap Might Be Difficult Regardless
Feb 16Financial Position Analysis
Short Term Liabilities: BTBD's short term assets ($5.7M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: BTBD's short term assets ($5.7M) exceed its long term liabilities ($3.7M).
Debt to Equity History and Analysis
Debt Level: BTBD has more cash than its total debt.
Reducing Debt: BTBD 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: BTBD has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BTBD has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 37.9% each year