PharmaCielo Balance Sheet Health
Financial Health criteria checks 2/6
PharmaCielo has a total shareholder equity of CA$2.8M and total debt of CA$16.7M, which brings its debt-to-equity ratio to 599.3%. Its total assets and total liabilities are CA$26.6M and CA$23.9M respectively.
Key information
599.3%
Debt to equity ratio
CA$16.70m
Debt
Interest coverage ratio | n/a |
Cash | CA$24.17k |
Equity | CA$2.79m |
Total liabilities | CA$23.86m |
Total assets | CA$26.64m |
Recent financial health updates
Is PharmaCielo (CVE:PCLO) Using Too Much Debt?
Oct 04Is PharmaCielo (CVE:PCLO) Using Too Much Debt?
Feb 25PharmaCielo (CVE:PCLO) Is Making Moderate Use Of Debt
Aug 03Is PharmaCielo (CVE:PCLO) Weighed On By Its Debt Load?
Dec 23Is PharmaCielo (CVE:PCLO) A Risky Investment?
May 14Recent updates
Is PharmaCielo (CVE:PCLO) Using Too Much Debt?
Oct 04Is PharmaCielo (CVE:PCLO) Using Too Much Debt?
Feb 25PharmaCielo (CVE:PCLO) Is Making Moderate Use Of Debt
Aug 03Is PharmaCielo (CVE:PCLO) Weighed On By Its Debt Load?
Dec 23Is PharmaCielo (CVE:PCLO) A Risky Investment?
May 14Should PharmaCielo (CVE:PCLO) Be Disappointed With Their 9.8% Profit?
Feb 16Financial Position Analysis
Short Term Liabilities: PCLO's short term assets (CA$3.7M) do not cover its short term liabilities (CA$8.2M).
Long Term Liabilities: PCLO's short term assets (CA$3.7M) do not cover its long term liabilities (CA$15.7M).
Debt to Equity History and Analysis
Debt Level: PCLO's net debt to equity ratio (598.5%) is considered high.
Reducing Debt: PCLO's debt to equity ratio has increased from 0% to 599.3% 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: PCLO has sufficient cash runway for 0 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PCLO is forecast to have sufficient cash runway for 0 months based on free cash flow estimates, but has since raised additional capital.