Proteomics International Laboratories Balance Sheet Health
Financial Health criteria checks 6/6
Proteomics International Laboratories has a total shareholder equity of A$5.2M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$6.9M and A$1.7M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.97m |
| Equity | AU$5.23m |
| Total liabilities | AU$1.72m |
| Total assets | AU$6.95m |
Recent financial health updates
We're Hopeful That Proteomics International Laboratories (ASX:PIQ) Will Use Its Cash Wisely
May 10
Is Proteomics International Laboratories (ASX:PIQ) In A Good Position To Invest In Growth?
Aug 09We Think Proteomics International Laboratories (ASX:PIQ) Can Afford To Drive Business Growth
Oct 20We're Not Worried About Proteomics International Laboratories' (ASX:PIQ) Cash Burn
May 31Recent updates
Most Shareholders Will Probably Find That The CEO Compensation For Proteomics International Laboratories Limited (ASX:PIQ) Is Reasonable
Nov 16Calculating The Fair Value Of Proteomics International Laboratories Limited (ASX:PIQ)
Sep 29We're Hopeful That Proteomics International Laboratories (ASX:PIQ) Will Use Its Cash Wisely
May 10Here's Why We Think Proteomics International Laboratories Limited's (ASX:PIQ) CEO Compensation Looks Fair for the time being
Nov 17Is Proteomics International Laboratories (ASX:PIQ) In A Good Position To Invest In Growth?
Aug 09We Think Proteomics International Laboratories (ASX:PIQ) Can Afford To Drive Business Growth
Oct 20We're Not Worried About Proteomics International Laboratories' (ASX:PIQ) Cash Burn
May 31Financial Position Analysis
Short Term Liabilities: PIQ's short term assets (A$5.2M) exceed its short term liabilities (A$1.2M).
Long Term Liabilities: PIQ's short term assets (A$5.2M) exceed its long term liabilities (A$522.9K).
Debt to Equity History and Analysis
Debt Level: PIQ is debt free.
Reducing Debt: PIQ 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: PIQ has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PIQ is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.