BYND Cannasoft Enterprises Balance Sheet Health
Financial Health criteria checks 3/6
BYND Cannasoft Enterprises has a total shareholder equity of CA$34.8M and total debt of CA$85.1K, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are CA$36.8M and CA$2.0M respectively.
Key information
0.2%
Debt to equity ratio
CA$85.11k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$3.11m |
| Equity | CA$34.83m |
| Total liabilities | CA$1.98m |
| Total assets | CA$36.80m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BCAN's short term assets (CA$3.3M) exceed its short term liabilities (CA$887.0K).
Long Term Liabilities: BCAN's short term assets (CA$3.3M) exceed its long term liabilities (CA$1.1M).
Debt to Equity History and Analysis
Debt Level: BCAN has more cash than its total debt.
Reducing Debt: BCAN's debt to equity ratio has increased from 0% to 0.2% 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: BCAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BCAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.3% each year