Predictmedix AI Balance Sheet Health
Financial Health criteria checks 3/6
Predictmedix AI has a total shareholder equity of CA$105.2K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$577.4K and CA$472.2K respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$44.43k |
| Equity | CA$105.22k |
| Total liabilities | CA$472.22k |
| Total assets | CA$577.43k |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PMED's short term assets (CA$122.9K) do not cover its short term liabilities (CA$472.2K).
Long Term Liabilities: PMED has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PMED is debt free.
Reducing Debt: PMED had no debt 5 years ago.
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: PMED has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PMED has less than a year of cash runway if free cash flow continues to reduce at historical rates of 17.1% each year