POSaBIT Systems Balance Sheet Health
Financial Health criteria checks 2/6
POSaBIT Systems has a total shareholder equity of $-718.2K and total debt of $4.6M, which brings its debt-to-equity ratio to -634.1%. Its total assets and total liabilities are $6.6M and $7.3M respectively.
Key information
-634.08%
Debt to equity ratio
US$4.55m
Debt
| Interest coverage ratio | n/a |
| Cash | US$808.10k |
| Equity | -US$718.23k |
| Total liabilities | US$7.32m |
| Total assets | US$6.61m |
Recent financial health updates
No updates
Recent updates
Benign Growth For POSaBIT Systems Corporation (CSE:PBIT) Underpins Stock's 28% Plummet
Sep 21
Benign Growth For POSaBIT Systems Corporation (CSE:PBIT) Underpins Stock's 50% Plummet
Jul 25POSaBIT Systems Corporation's (CSE:PBIT) Share Price Boosted 36% But Its Business Prospects Need A Lift Too
May 17Lacklustre Performance Is Driving POSaBIT Systems Corporation's (CSE:PBIT) 39% Price Drop
Apr 02There's No Escaping POSaBIT Systems Corporation's (CSE:PBIT) Muted Revenues Despite A 29% Share Price Rise
Jan 29Lacklustre Performance Is Driving POSaBIT Systems Corporation's (CSE:PBIT) 26% Price Drop
Dec 14It's Down 28% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks
Oct 16Slammed 44% POSaBIT Systems Corporation (CSE:PBIT) Screens Well Here But There Might Be A Catch
Aug 09Positive Sentiment Still Eludes POSaBIT Systems Corporation (CSE:PBIT) Following 32% Share Price Slump
May 04It's Down 31% But POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks
Mar 06POSaBIT Systems Corporation (CSE:PBIT) Could Be Riskier Than It Looks
Dec 18A Piece Of The Puzzle Missing From POSaBIT Systems Corporation's (CSE:PBIT) Share Price
Apr 18Financial Position Analysis
Short Term Liabilities: PBIT has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PBIT has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PBIT has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PBIT's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: PBIT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PBIT has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 15.6% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/09 13:53 |
| End of Day Share Price | 2025/10/07 00:00 |
| Earnings | 2025/06/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
POSaBIT Systems Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.