Prospector Metals Balance Sheet Health
Financial Health criteria checks 5/6
Prospector Metals has a total shareholder equity of CA$7.3M and total debt of CA$101.6K, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are CA$7.8M and CA$504.1K respectively.
Key information
1.4%
Debt to equity ratio
CA$101.63k
Debt
Interest coverage ratio | n/a |
Cash | CA$528.26k |
Equity | CA$7.30m |
Total liabilities | CA$504.11k |
Total assets | CA$7.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPP's short term assets (CA$1.3M) exceed its short term liabilities (CA$504.1K).
Long Term Liabilities: PPP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PPP has more cash than its total debt.
Reducing Debt: PPP's debt to equity ratio has increased from 0% to 1.4% 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: PPP has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PPP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.