PetroFrontier Balance Sheet Health
Financial Health criteria checks 0/6
PetroFrontier has a total shareholder equity of CA$10.8M and total debt of CA$10.2M, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are CA$27.9M and CA$17.0M respectively.
Key information
93.9%
Debt to equity ratio
CA$10.18m
Debt
Interest coverage ratio | n/a |
Cash | CA$395.44k |
Equity | CA$10.84m |
Total liabilities | CA$17.03m |
Total assets | CA$27.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFC's short term assets (CA$2.1M) do not cover its short term liabilities (CA$5.9M).
Long Term Liabilities: PFC's short term assets (CA$2.1M) do not cover its long term liabilities (CA$11.1M).
Debt to Equity History and Analysis
Debt Level: PFC's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: PFC's debt to equity ratio has increased from 29.3% to 93.9% 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: PFC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PFC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.1% each year