Purepoint Uranium Group Balance Sheet Health
Financial Health criteria checks 5/6
Purepoint Uranium Group has a total shareholder equity of CA$4.2M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.5M and CA$309.6K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$4.05m |
Equity | CA$4.15m |
Total liabilities | CA$309.63k |
Total assets | CA$4.46m |
Financial Position Analysis
Short Term Liabilities: PTU's short term assets (CA$4.4M) exceed its short term liabilities (CA$269.4K).
Long Term Liabilities: PTU's short term assets (CA$4.4M) exceed its long term liabilities (CA$40.2K).
Debt to Equity History and Analysis
Debt Level: PTU is debt free.
Reducing Debt: PTU 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: PTU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PTU has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31.5% each year