Petrox Resources Balance Sheet Health
Financial Health criteria checks 3/6
Petrox Resources has a total shareholder equity of CA$154.6K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$483.0K and CA$328.3K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$158.54k |
| Equity | CA$154.63k |
| Total liabilities | CA$328.32k |
| Total assets | CA$482.95k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTC's short term assets (CA$199.4K) exceed its short term liabilities (CA$20.1K).
Long Term Liabilities: PTC's short term assets (CA$199.4K) do not cover its long term liabilities (CA$308.2K).
Debt to Equity History and Analysis
Debt Level: PTC is debt free.
Reducing Debt: PTC 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: Insufficient data to determine if PTC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PTC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.