PTX Metals Balance Sheet Health
Financial Health criteria checks 5/6
PTX Metals has a total shareholder equity of CA$8.1M and total debt of CA$258.6K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CA$8.9M and CA$790.9K respectively.
Key information
3.2%
Debt to equity ratio
CA$258.63k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$594.16k |
| Equity | CA$8.10m |
| Total liabilities | CA$790.85k |
| Total assets | CA$8.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTX's short term assets (CA$973.9K) exceed its short term liabilities (CA$790.9K).
Long Term Liabilities: PTX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PTX has more cash than its total debt.
Reducing Debt: PTX's debt to equity ratio has increased from 0% to 3.2% 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: PTX has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PTX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.