Biocure Technology Balance Sheet Health
Financial Health criteria checks 3/6
Biocure Technology has a total shareholder equity of CA$2.7M and total debt of CA$84.0K, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are CA$3.6M and CA$891.9K respectively.
Key information
3.1%
Debt to equity ratio
CA$83.96k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.65k |
| Equity | CA$2.70m |
| Total liabilities | CA$891.88k |
| Total assets | CA$3.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BICT.F's short term assets (CA$735.3K) do not cover its short term liabilities (CA$891.9K).
Long Term Liabilities: BICT.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BICT.F's net debt to equity ratio (2.7%) is considered satisfactory.
Reducing Debt: BICT.F's debt to equity ratio has reduced from 39.2% to 3.1% over the past 5 years.
Debt Coverage: BICT.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BICT.F's interest payments on its debt are well covered by EBIT.