BetterLife Pharma Inc
CNSX:BETR
Bankruptcy Probability
BetterLife Pharma Inc's probability of bankruptcy is 26.9%, signalling a meaningful chance of default. The solvency score is 15/100 — a sign of moderate financial strength.
We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.
Solvency Ratios
Solvency Ratios Comparison
BetterLife Pharma Inc Competitors
| Country | Company | Market Cap | D/E | D/A |
Interest Coverage |
Altman Z-Score |
Quick Ratio |
Current Ratio |
Cash Ratio |
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|---|---|---|---|---|---|---|---|---|---|---|---|
| CA |
B
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BetterLife Pharma Inc
CNSX:BETR
|
8.4m CAD |
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| US |
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Eli Lilly and Co
NYSE:LLY
|
987.6B USD |
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| US |
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Johnson & Johnson
NYSE:JNJ
|
565.6B USD |
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| CH |
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Roche Holding AG
SIX:ROG
|
280.6B CHF |
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| UK |
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AstraZeneca PLC
LSE:AZN
|
214.3B GBP |
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| CH |
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Novartis AG
SIX:NOVN
|
223.4B CHF |
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| US |
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Merck & Co Inc
NYSE:MRK
|
291.6B USD |
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| DK |
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Novo Nordisk A/S
CSE:NOVO B
|
1.6T DKK |
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| IE |
E
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Endo International PLC
LSE:0Y5F
|
218B USD |
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| US |
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Pfizer Inc
NYSE:PFE
|
146.4B USD |
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| FR |
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Sanofi SA
PAR:SAN
|
97.3B EUR |
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BetterLife Pharma Inc's probability of bankruptcy is 26.9%, signalling a meaningful chance of default.
The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.
As of the latest report, BetterLife Pharma Inc has total debt of 377.6k CAD. This includes both short-term (281.7k CAD) and long-term (95.9k CAD) debt.
You can find a full breakdown on its Balance Sheet.