Tenet Fintech Group Balance Sheet Health
Financial Health criteria checks 6/6
Tenet Fintech Group has a total shareholder equity of CA$65.8M and total debt of CA$9.5M, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are CA$98.0M and CA$32.2M respectively.
Key information
14.4%
Debt to equity ratio
CA$9.45m
Debt
Interest coverage ratio | n/a |
Cash | CA$10.75m |
Equity | CA$65.76m |
Total liabilities | CA$32.20m |
Total assets | CA$97.96m |
Recent financial health updates
Does Tenet Fintech Group (CSE:PKK) Have A Healthy Balance Sheet?
Oct 21Peak Fintech Group (CSE:PKK) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
May 13We Think Peak Fintech Group (CSE:PKK) Is Taking Some Risk With Its Debt
Jan 25Recent updates
Tenet Fintech Group Inc. (CSE:PKK) Might Not Be As Mispriced As It Looks After Plunging 26%
Apr 20Not Many Are Piling Into Tenet Fintech Group Inc. (CSE:PKK) Stock Yet As It Plummets 26%
Feb 21Does Tenet Fintech Group (CSE:PKK) Have A Healthy Balance Sheet?
Oct 21Shareholders Will Probably Hold Off On Increasing Peak Fintech Group Inc.'s (CSE:PKK) CEO Compensation For The Time Being
Jun 24Peak Fintech Group (CSE:PKK) May Not Be Profitable But It Seems To Be Managing Its Debt Just Fine, Anyway
May 13An Intrinsic Calculation For Peak Fintech Group Inc. (CSE:PKK) Suggests It's 49% Undervalued
Mar 19We Think Peak Fintech Group (CSE:PKK) Is Taking Some Risk With Its Debt
Jan 25Peak Positioning Technologies Inc. (CSE:PKK) Could Be Less Than A Year Away From Profitability
Dec 01Financial Position Analysis
Short Term Liabilities: PKK's short term assets (CA$57.5M) exceed its short term liabilities (CA$17.0M).
Long Term Liabilities: PKK's short term assets (CA$57.5M) exceed its long term liabilities (CA$15.2M).
Debt to Equity History and Analysis
Debt Level: PKK has more cash than its total debt.
Reducing Debt: PKK's debt to equity ratio has reduced from 16.7% to 14.4% 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: PKK has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PKK is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.