Piche Resources Balance Sheet Health
Financial Health criteria checks 6/6
Piche Resources has a total shareholder equity of A$227.7K and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$2.6M and A$2.4M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.50m |
| Equity | AU$227.71k |
| Total liabilities | AU$2.38m |
| Total assets | AU$2.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PR2's short term assets (A$2.5M) exceed its short term liabilities (A$2.4M).
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PR2 has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 60.6% each year.