Prospech Balance Sheet Health
Financial Health criteria checks 6/6
Prospech has a total shareholder equity of A$10.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.0M and A$450.8K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$1.13m |
| Equity | AU$10.50m |
| Total liabilities | AU$450.85k |
| Total assets | AU$10.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRS's short term assets (A$1.2M) exceed its short term liabilities (A$324.6K).
Long Term Liabilities: PRS's short term assets (A$1.2M) exceed its long term liabilities (A$126.3K).
Debt to Equity History and Analysis
Debt Level: PRS is debt free.
Reducing Debt: PRS 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: PRS has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PRS is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.