Prospera Energy Balance Sheet Health
Financial Health criteria checks 1/6
Prospera Energy has a total shareholder equity of CA$934.9K and total debt of CA$10.1M, which brings its debt-to-equity ratio to 1079.5%. Its total assets and total liabilities are CA$49.2M and CA$48.2M respectively.
Key information
1,079.5%
Debt to equity ratio
CA$10.09m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$26.60k |
| Equity | CA$934.94k |
| Total liabilities | CA$48.22m |
| Total assets | CA$49.15m |
Financial Position Analysis
Short Term Liabilities: PEI's short term assets (CA$4.2M) do not cover its short term liabilities (CA$22.0M).
Long Term Liabilities: PEI's short term assets (CA$4.2M) do not cover its long term liabilities (CA$26.2M).
Debt to Equity History and Analysis
Debt Level: PEI's net debt to equity ratio (1076.7%) is considered high.
Reducing Debt: PEI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: PEI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PEI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 54.7% each year