Pluribus Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Pluribus Technologies has a total shareholder equity of CA$15.1M and total debt of CA$18.9M, which brings its debt-to-equity ratio to 125%. Its total assets and total liabilities are CA$55.6M and CA$40.5M respectively. Pluribus Technologies's EBIT is CA$998.0K making its interest coverage ratio 0.3. It has cash and short-term investments of CA$600.0K.
Key information
125.0%
Debt to equity ratio
CA$18.90m
Debt
| Interest coverage ratio | 0.3x |
| Cash | CA$600.00k |
| Equity | CA$15.13m |
| Total liabilities | CA$40.47m |
| Total assets | CA$55.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLRB's short term assets (CA$5.3M) do not cover its short term liabilities (CA$28.5M).
Long Term Liabilities: PLRB's short term assets (CA$5.3M) do not cover its long term liabilities (CA$12.0M).
Debt to Equity History and Analysis
Debt Level: PLRB's net debt to equity ratio (121%) 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 29.4% per year.