Provaris Energy Balance Sheet Health
Financial Health criteria checks 6/6
Provaris Energy has a total shareholder equity of A$2.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.7M and A$528.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.49m |
| Equity | AU$2.18m |
| Total liabilities | AU$528.83k |
| Total assets | AU$2.71m |
Recent financial health updates
Here's Why We're Watching Provaris Energy's (ASX:PV1) Cash Burn Situation
Nov 07
Is Provaris Energy (ASX:PV1) In A Good Position To Invest In Growth?
Jul 10Provaris Energy (ASX:PV1) Is In A Good Position To Deliver On Growth Plans
Dec 03Here's Why We're Not Too Worried About Provaris Energy's (ASX:PV1) Cash Burn Situation
Jul 06Global Energy Ventures (ASX:GEV) Is In A Good Position To Deliver On Growth Plans
Mar 06We're Keeping An Eye On Global Energy Ventures' (ASX:GEV) Cash Burn Rate
Aug 15Recent updates
Here's Why We're Watching Provaris Energy's (ASX:PV1) Cash Burn Situation
Nov 07Is Provaris Energy (ASX:PV1) In A Good Position To Invest In Growth?
Jul 10Provaris Energy (ASX:PV1) Is In A Good Position To Deliver On Growth Plans
Dec 03Here's Why We're Not Too Worried About Provaris Energy's (ASX:PV1) Cash Burn Situation
Jul 06Global Energy Ventures (ASX:GEV) Is In A Good Position To Deliver On Growth Plans
Mar 06We're Keeping An Eye On Global Energy Ventures' (ASX:GEV) Cash Burn Rate
Aug 15Will Global Energy Ventures (ASX:GEV) Spend Its Cash Wisely?
May 02What We Learned About Global Energy Ventures' (ASX:GEV) CEO Pay
Jan 07
Financial Position Analysis
Short Term Liabilities: PV1's short term assets (A$2.7M) exceed its short term liabilities (A$528.8K).
Long Term Liabilities: PV1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PV1 is debt free.
Reducing Debt: PV1 had no debt 5 years ago.
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: PV1 has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PV1 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.