Piche Resources Balance Sheet Health
Financial Health criteria checks 4/6
Piche Resources has a total shareholder equity of A$493.5K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.2M and A$1.8M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$967.53k |
| Equity | AU$493.54k |
| Total liabilities | AU$1.75m |
| Total assets | AU$2.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PR2's short term assets (A$2.2M) exceed its short term liabilities (A$1.8M).
Long Term Liabilities: PR2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PR2 is debt free.
Reducing Debt: PR2 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: PR2 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PR2 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 78.1% each year