Principal Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Principal Technologies has a total shareholder equity of CA$600.9K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.3M and CA$701.9K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$628.90k |
| Equity | CA$600.91k |
| Total liabilities | CA$701.92k |
| Total assets | CA$1.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTEC's short term assets (CA$961.3K) exceed its short term liabilities (CA$662.0K).
Long Term Liabilities: PTEC's short term assets (CA$961.3K) exceed its long term liabilities (CA$39.9K).
Debt to Equity History and Analysis
Debt Level: PTEC is debt free.
Reducing Debt: PTEC has not had any debt for 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: PTEC has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PTEC is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.