Plaintree Systems Balance Sheet Health
Financial Health criteria checks 3/6
Plaintree Systems has a total shareholder equity of CA$269.3K and total debt of CA$8.8M, which brings its debt-to-equity ratio to 3250.6%. Its total assets and total liabilities are CA$16.0M and CA$15.7M respectively.
Key information
3,250.6%
Debt to equity ratio
CA$8.75m
Debt
Interest coverage ratio | n/a |
Cash | n/a |
Equity | CA$269.26k |
Total liabilities | CA$15.74m |
Total assets | CA$16.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPT's short term assets (CA$9.5M) do not cover its short term liabilities (CA$9.6M).
Long Term Liabilities: NPT's short term assets (CA$9.5M) exceed its long term liabilities (CA$6.1M).
Debt to Equity History and Analysis
Debt Level: NPT's net debt to equity ratio (3250.6%) is considered high.
Reducing Debt: NPT's debt to equity ratio has increased from 481.7% to 3250.6% 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: Whilst unprofitable NPT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NPT is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.2% per year.