Bitterroot Resources Balance Sheet Health
Financial Health criteria checks 3/6
Bitterroot Resources has a total shareholder equity of CA$5.3M and total debt of CA$173.3K, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are CA$5.7M and CA$426.9K respectively.
Key information
3.3%
Debt to equity ratio
CA$173.31k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$67.54k |
| Equity | CA$5.32m |
| Total liabilities | CA$426.88k |
| Total assets | CA$5.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BITT.F's short term assets (CA$74.9K) do not cover its short term liabilities (CA$426.9K).
Long Term Liabilities: BITT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BITT.F's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: BITT.F's debt to equity ratio has reduced from 5.8% to 3.3% over the 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: BITT.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BITT.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year