Femto Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Femto Technologies has a total shareholder equity of CA$2.9M and total debt of CA$49.9K, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are CA$34.0M and CA$31.1M respectively.
Key information
1.7%
Debt to equity ratio
CA$49.89k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$5.86m |
| Equity | CA$2.93m |
| Total liabilities | CA$31.07m |
| Total assets | CA$34.00m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: BCAN's short term assets (CA$6.1M) exceed its short term liabilities (CA$673.0K).
Long Term Liabilities: BCAN's short term assets (CA$6.1M) do not cover its long term liabilities (CA$30.4M).
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 reduced from 218% to 1.7% 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 sufficient cash runway for more than a year 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 47.5% each year