POET Technologies Balance Sheet Health
Financial Health criteria checks 5/6
POET Technologies has a total shareholder equity of $4.9M and total debt of $30.2K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $8.8M and $3.8M respectively.
Key information
0.6%
Debt to equity ratio
US$30.20k
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.02m |
| Equity | US$4.93m |
| Total liabilities | US$3.85m |
| Total assets | US$8.78m |
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 ($3.2M) exceed its short term liabilities ($2.5M).
Long Term Liabilities: PTK's short term assets ($3.2M) exceed its long term liabilities ($1.3M).
Debt to Equity History and Analysis
Debt Level: PTK has more cash than its total debt.
Reducing Debt: PTK's debt to equity ratio has increased from 0% to 0.6% 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: PTK has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PTK is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.