Pilot Energy Balance Sheet Health
Financial Health criteria checks 4/6
Pilot Energy has a total shareholder equity of A$13.5M and total debt of A$6.0M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are A$21.4M and A$7.9M respectively.
Key information
44.9%
Debt to equity ratio
AU$6.05m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.94m |
| Equity | AU$13.47m |
| Total liabilities | AU$7.89m |
| Total assets | AU$21.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGY's short term assets (A$2.4M) exceed its short term liabilities (A$1.7M).
Long Term Liabilities: PGY's short term assets (A$2.4M) do not cover its long term liabilities (A$6.2M).
Debt to Equity History and Analysis
Debt Level: PGY's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: PGY's debt to equity ratio has increased from 0% to 44.9% 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: PGY has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PGY is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.