Pacific Ridge Exploration Balance Sheet Health
Financial Health criteria checks 4/6
Pacific Ridge Exploration has a total shareholder equity of CA$6.8M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$7.0M and CA$220.4K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.41m |
| Equity | CA$6.79m |
| Total liabilities | CA$220.42k |
| Total assets | CA$7.01m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PEX's short term assets (CA$2.5M) exceed its short term liabilities (CA$220.4K).
Long Term Liabilities: PEX has no long term liabilities.
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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.6% each year