POET Technologies Balance Sheet Health
Financial Health criteria checks 6/6
POET Technologies has a total shareholder equity of $24.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $28.3M and $3.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$21.26m |
| Equity | US$24.83m |
| Total liabilities | US$3.49m |
| Total assets | US$28.31m |
Recent financial health updates
Is POET Technologies (CVE:PTK) In A Good Position To Invest In Growth?
May 01
We're Not Very Worried About POET Technologies' (CVE:PTK) Cash Burn Rate
Jul 27Companies Like POET Technologies (CVE:PTK) Are In A Position To Invest In Growth
Mar 10POET Technologies (CVE:PTK) Is In A Good Position To Deliver On Growth Plans
Nov 25Recent updates
Is POET Technologies (CVE:PTK) In A Good Position To Invest In Growth?
May 01Shareholders May Be More Conservative With POET Technologies Inc.'s (CVE:PTK) CEO Compensation For Now
Oct 08We're Not Very Worried About POET Technologies' (CVE:PTK) Cash Burn Rate
Jul 27Companies Like POET Technologies (CVE:PTK) Are In A Position To Invest In Growth
Mar 10POET Technologies (CVE:PTK) Is In A Good Position To Deliver On Growth Plans
Nov 25Financial Position Analysis
Short Term Liabilities: PTK's short term assets ($21.9M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: PTK's short term assets ($21.9M) exceed its long term liabilities ($224.2K).
Debt to Equity History and Analysis
Debt Level: PTK is debt free.
Reducing Debt: PTK has no debt compared to 5 years ago when its debt to equity ratio was 28.9%.
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: PTK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PTK has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 13.2% each year