Plaintree Systems Balance Sheet Health
Financial Health criteria checks 2/6
Plaintree Systems has a total shareholder equity of CA$1.4M and total debt of CA$11.5M, which brings its debt-to-equity ratio to 813.7%. Its total assets and total liabilities are CA$17.6M and CA$16.2M respectively.
Key information
813.7%
Debt to equity ratio
CA$11.47m
Debt
| Interest coverage ratio | 4.6x |
| Cash | n/a |
| Equity | CA$1.41m |
| Total liabilities | CA$16.22m |
| Total assets | CA$17.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPT's short term assets (CA$12.2M) exceed its short term liabilities (CA$9.1M).
Long Term Liabilities: NPT's short term assets (CA$12.2M) exceed its long term liabilities (CA$7.2M).
Debt to Equity History and Analysis
Debt Level: NPT's net debt to equity ratio (813.7%) is considered high.
Reducing Debt: NPT's debt to equity ratio has increased from 153.2% to 813.7% 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: Insufficient data to determine if NPT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NPT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.