PharmX Technologies Balance Sheet Health
Financial Health criteria checks 6/6
PharmX Technologies has a total shareholder equity of A$16.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$29.6M and A$13.6M respectively. PharmX Technologies's EBIT is A$566.0K making its interest coverage ratio 9.9. It has cash and short-term investments of A$12.4M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 9.9x |
| Cash | AU$12.44m |
| Equity | AU$16.03m |
| Total liabilities | AU$13.57m |
| Total assets | AU$29.60m |
Recent financial health updates
No updates
Recent updates
What Is PharmX Technologies Limited's (ASX:PHX) Share Price Doing?
Feb 12
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Dec 13Financial Position Analysis
Short Term Liabilities: PHX's short term assets (A$15.8M) exceed its short term liabilities (A$11.5M).
Long Term Liabilities: PHX's short term assets (A$15.8M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: PHX is debt free.
Reducing Debt: PHX has not had any debt for past 5 years.
Debt Coverage: PHX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHX has no debt, therefore coverage of interest payments is not a concern.