PainChek Balance Sheet Health
Financial Health criteria checks 6/6
PainChek has a total shareholder equity of A$1.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$4.2M and A$2.9M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.56m |
| Equity | AU$1.29m |
| Total liabilities | AU$2.89m |
| Total assets | AU$4.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCK's short term assets (A$4.2M) exceed its short term liabilities (A$2.9M).
Long Term Liabilities: PCK has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PCK is debt free.
Reducing Debt: PCK has not had any debt for 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: PCK has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PCK is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.