Pluribus Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Pluribus Technologies has a total shareholder equity of CA$29.9M and total debt of CA$22.4M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are CA$73.0M and CA$43.0M respectively.
Key information
74.8%
Debt to equity ratio
CA$22.36m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.28m |
| Equity | CA$29.91m |
| Total liabilities | CA$43.05m |
| Total assets | CA$72.96m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLRB's short term assets (CA$5.8M) do not cover its short term liabilities (CA$39.2M).
Long Term Liabilities: PLRB's short term assets (CA$5.8M) exceed its long term liabilities (CA$3.8M).
Debt to Equity History and Analysis
Debt Level: PLRB's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: Insufficient data to determine if PLRB's debt to equity ratio has reduced over the 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: Whilst unprofitable PLRB has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLRB is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.3% per year.