Platinum Group Metals Financial Health
How is Platinum Group Metals's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: PTM's short term assets ($14.3M) exceed its short term liabilities ($769.0K).
Long Term Liabilities: PTM's short term assets ($14.3M) exceed its long term liabilities ($1.1M).
Debt to Equity History and Analysis
Debt Level: PTM is debt free.
Reducing Debt: PTM has no debt compared to 5 years ago when its debt to equity ratio was 32.3%.
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: PTM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PTM has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 51% each year.