PNX Metals Balance Sheet Health
Financial Health criteria checks 4/6
PNX Metals has a total shareholder equity of A$25.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$28.7M and A$3.0M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.35m |
| Equity | AU$25.69m |
| Total liabilities | AU$3.04m |
| Total assets | AU$28.73m |
Recent financial health updates
Here's Why We're Watching PNX Metals' (ASX:PNX) Cash Burn Situation
Feb 22
Companies Like PNX Metals (ASX:PNX) Are In A Position To Invest In Growth
Mar 31Recent updates
Financial Position Analysis
Short Term Liabilities: PNX's short term assets (A$3.0M) exceed its short term liabilities (A$515.5K).
Long Term Liabilities: PNX's short term assets (A$3.0M) exceed its long term liabilities (A$2.5M).
Debt to Equity History and Analysis
Debt Level: PNX is debt free.
Reducing Debt: PNX 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: PNX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PNX has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.9% each year.