BMEX Gold Inc
XTSX:BMEX

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BMEX Gold Inc Logo
BMEX Gold Inc
XTSX:BMEX
Watchlist
Price: 0.1 CAD Market Closed
Market Cap: 1.7m CAD

Bankruptcy Probability

BMEX Gold Inc's probability of bankruptcy is 1.3%, making a collapse highly unlikely. The solvency score is 72/100 — a strong indicator of financial stability.

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.

Very Low
Probability of Bankruptcy

Financial Position

A solvent company is one that owns more than it owes. Comparing the amount of cash and investments with existing debt gives an idea of the company's long-term financial health.

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Cash & ST Investments
+
May 31, 2024 92.6k
Feb 29, 2024 445.1k
Nov 30, 2023 291.9k
Long-Term Investments
+
May 31, 2024 0
Feb 29, 2024 0
Nov 30, 2023 0
Debt
+
May 31, 2024 220.2k
Feb 29, 2024 0
Nov 30, 2023 0

Interest Coverage

To determine how easily a company can pay interest on its outstanding debt, the Interest Coverage ratio is used. It represents how many times the company can pay its obligations using its operating income.

The lower the ratio, the more the company is burdened by debt expenses. When a company's interest coverage ratio is only 1.5 or lower, its ability to meet interest expenses may be questionable.

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All Solvency Ratios

Other solvency & liquidity ratios which help to assess the company’s capacity to stay afloat.

Is BMEX Gold Inc at risk of bankruptcy?

BMEX Gold Inc's probability of bankruptcy is 1.3%, making a collapse highly unlikely.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does BMEX Gold Inc have?

As of the latest report, BMEX Gold Inc has total debt of 220.2k . This includes both short-term (0 ) and long-term (220.2k ) debt.

You can find a full breakdown on its Balance Sheet.

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