Biotricity Balance Sheet Health
Financial Health criteria checks 0/6
Biotricity has a total shareholder equity of $-27.2M and total debt of $21.8M, which brings its debt-to-equity ratio to -80.2%. Its total assets and total liabilities are $5.3M and $32.5M respectively.
Key information
-80.2%
Debt to equity ratio
US$21.84m
Debt
| Interest coverage ratio | n/a |
| Cash | US$746.94k |
| Equity | -US$27.23m |
| Total liabilities | US$32.52m |
| Total assets | US$5.29m |
Recent financial health updates
Recent updates
Investors Give Biotricity, Inc. (NASDAQ:BTCY) Shares A 38% Hiding
Jan 26
Many Still Looking Away From Biotricity, Inc. (NASDAQ:BTCY)
Oct 26Biotricity GAAP EPS of -$0.09, revenue of $2.06M
Aug 15Biotricity, Inc.: A First Take
Jul 28Is Biotricity (NASDAQ:BTCY) Using Debt In A Risky Way?
Apr 09Does Biotricity (NASDAQ:BTCY) Have A Healthy Balance Sheet?
Dec 11Biotricity: Capital Raise Leads To Buying Opportunity
Aug 31Financial Position Analysis
Short Term Liabilities: BTCY has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: BTCY has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: BTCY has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: BTCY's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: BTCY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTCY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.3% each year