Pioneering Technology Balance Sheet Health
Financial Health criteria checks 5/6
Pioneering Technology has a total shareholder equity of CA$2.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.0M and CA$1.7M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$343.36k |
| Equity | CA$2.29m |
| Total liabilities | CA$1.68m |
| Total assets | CA$3.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2PX's short term assets (CA$2.7M) exceed its short term liabilities (CA$922.5K).
Long Term Liabilities: 2PX's short term assets (CA$2.7M) exceed its long term liabilities (CA$757.8K).
Debt to Equity History and Analysis
Debt Level: 2PX is debt free.
Reducing Debt: 2PX 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: 2PX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 2PX has less than a year of cash runway if free cash flow continues to grow at historical rates of 42.6% each year.