Pilot Energy Balance Sheet Health
Financial Health criteria checks 3/6
Pilot Energy has a total shareholder equity of A$13.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$21.4M and A$7.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
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 is debt free.
Reducing Debt: PGY 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: PGY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PGY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.9% each year