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$29.9M and A$13.9M respectively. PharmX Technologies's EBIT is A$244.0K making its interest coverage ratio 5.7. It has cash and short-term investments of A$13.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 5.7x |
| Cash | AU$13.14m |
| Equity | AU$15.97m |
| Total liabilities | AU$13.89m |
| Total assets | AU$29.86m |
Recent financial health updates
No updates
Recent updates
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Feb 12
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Dec 13Financial Position Analysis
Short Term Liabilities: PHX's short term assets (A$16.4M) exceed its short term liabilities (A$12.0M).
Long Term Liabilities: PHX's short term assets (A$16.4M) exceed its long term liabilities (A$1.9M).
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.