Burcon NutraScience Balance Sheet Health
Financial Health criteria checks 3/6
Burcon NutraScience has a total shareholder equity of CA$1.7M and total debt of CA$6.7M, which brings its debt-to-equity ratio to 404.5%. Its total assets and total liabilities are CA$9.6M and CA$7.9M respectively.
Key information
404.5%
Debt to equity ratio
CA$6.70m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.04m |
| Equity | CA$1.66m |
| Total liabilities | CA$7.91m |
| Total assets | CA$9.57m |
Recent financial health updates
Recent updates
Burcon NutraScience falls 23% postmarket on delisting of stock from Nasdaq Capital Market
Sep 02Burcon NutraScience GAAP EPS of -C$0.04, revenue of C$90.54K
Aug 15Burcon: Partner Bunge's $500 Million To $1 Billion Of Growth Capex Within Alternative Proteins Bodes Well
May 12Burcon NutraScience: Achieved Several Key Milestones In 1H 2021, Significant Opportunity Ahead
Sep 03Financial Position Analysis
Short Term Liabilities: BRCN.F's short term assets (CA$2.0M) do not cover its short term liabilities (CA$6.8M).
Long Term Liabilities: BRCN.F's short term assets (CA$2.0M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: BRCN.F's net debt to equity ratio (341.8%) is considered high.
Reducing Debt: BRCN.F's debt to equity ratio has increased from 0% to 404.5% 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: BRCN.F has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BRCN.F is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 17:13 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Burcon NutraScience Corporation is covered by 7 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tania Armstrong-Whitworth | Canaccord Genuity |
| Jacob Bout | CIBC Capital Markets |
| Ammar Shah | Eight Capital |