Provaris Energy Balance Sheet Health
Financial Health criteria checks 4/6
Provaris Energy has a total shareholder equity of A$228.6K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.2M and A$998.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$743.93k |
Equity | AU$228.56k |
Total liabilities | AU$998.73k |
Total assets | AU$1.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PV1's short term assets (A$1.2M) exceed its short term liabilities (A$998.7K).
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PV1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.2% each year