Pure Resources Balance Sheet Health
Financial Health criteria checks 6/6
Pure Resources has a total shareholder equity of A$3.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$3.5M and A$218.5K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$1.71m |
Equity | AU$3.28m |
Total liabilities | AU$218.48k |
Total assets | AU$3.49m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PR1's short term assets (A$1.7M) exceed its short term liabilities (A$201.6K).
Long Term Liabilities: PR1's short term assets (A$1.7M) exceed its long term liabilities (A$16.8K).
Debt to Equity History and Analysis
Debt Level: PR1 is debt free.
Reducing Debt: PR1 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: PR1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PR1 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 42.1% each year.