Peninsula Energy Balance Sheet Health
Financial Health criteria checks 5/6
Peninsula Energy has a total shareholder equity of $82.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $108.9M and $26.2M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$17.94m |
Equity | US$82.64m |
Total liabilities | US$26.22m |
Total assets | US$108.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P1M's short term assets ($21.7M) exceed its short term liabilities ($3.3M).
Long Term Liabilities: P1M's short term assets ($21.7M) do not cover its long term liabilities ($22.9M).
Debt to Equity History and Analysis
Debt Level: P1M is debt free.
Reducing Debt: P1M has no debt compared to 5 years ago when its debt to equity ratio was 21.7%.
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: P1M has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: P1M is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.