Pacific Ridge Exploration Balance Sheet Health
Financial Health criteria checks 6/6
Pacific Ridge Exploration has a total shareholder equity of CA$4.5M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$5.2M and CA$632.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | n/a |
Cash | CA$541.84k |
Equity | CA$4.52m |
Total liabilities | CA$632.37k |
Total assets | CA$5.16m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PEX's short term assets (CA$672.1K) exceed its short term liabilities (CA$628.1K).
Long Term Liabilities: PEX's short term assets (CA$672.1K) exceed its long term liabilities (CA$4.3K).
Debt to Equity History and Analysis
Debt Level: PEX is debt free.
Reducing Debt: PEX has not had any debt for 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: PEX has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PEX is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.