Pegasus Resources Balance Sheet Health
Financial Health criteria checks 5/6
Pegasus Resources has a total shareholder equity of CA$1.6M and total debt of CA$60.0K, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CA$2.2M and CA$627.1K respectively.
Key information
3.8%
Debt to equity ratio
CA$60.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$555.44k |
| Equity | CA$1.60m |
| Total liabilities | CA$627.14k |
| Total assets | CA$2.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEGA's short term assets (CA$579.3K) do not cover its short term liabilities (CA$627.1K).
Long Term Liabilities: PEGA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PEGA has more cash than its total debt.
Reducing Debt: PEGA's debt to equity ratio has reduced from 6.6% to 3.8% 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: PEGA has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PEGA is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.