Pure Energy Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Pure Energy Minerals has a total shareholder equity of CA$35.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$36.0M and CA$140.7K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$660.41k |
Equity | CA$35.85m |
Total liabilities | CA$140.69k |
Total assets | CA$35.99m |
Recent financial health updates
We're Not Worried About Pure Energy Minerals' (CVE:PE) Cash Burn
Jan 25We're Not Worried About Pure Energy Minerals' (CVE:PE) Cash Burn
Oct 02We're Not Worried About Pure Energy Minerals' (CVE:PE) Cash Burn
Jun 03Pure Energy Minerals (CVE:PE) Is In A Good Position To Deliver On Growth Plans
Feb 17Recent updates
Estimating The Fair Value Of Pure Energy Minerals Limited (CVE:PE)
May 11We're Not Worried About Pure Energy Minerals' (CVE:PE) Cash Burn
Jan 25We're Not Worried About Pure Energy Minerals' (CVE:PE) Cash Burn
Oct 02We're Not Worried About Pure Energy Minerals' (CVE:PE) Cash Burn
Jun 03Pure Energy Minerals (CVE:PE) Is In A Good Position To Deliver On Growth Plans
Feb 17Financial Position Analysis
Short Term Liabilities: PE's short term assets (CA$703.4K) exceed its short term liabilities (CA$80.4K).
Long Term Liabilities: PE's short term assets (CA$703.4K) exceed its long term liabilities (CA$60.3K).
Debt to Equity History and Analysis
Debt Level: PE is debt free.
Reducing Debt: PE has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
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: PE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PE has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 68.8% each year