Phreesia Balance Sheet Health
Financial Health criteria checks 5/6
Phreesia has a total shareholder equity of $251.3M and total debt of $2.6M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are $362.2M and $110.9M respectively.
Key information
1.0%
Debt to equity ratio
US$2.60m
Debt
| Interest coverage ratio | n/a |
| Cash | US$81.80m |
| Equity | US$251.34m |
| Total liabilities | US$110.90m |
| Total assets | US$362.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 19P's short term assets ($180.9M) exceed its short term liabilities ($102.0M).
Long Term Liabilities: 19P's short term assets ($180.9M) exceed its long term liabilities ($8.9M).
Debt to Equity History and Analysis
Debt Level: 19P has more cash than its total debt.
Reducing Debt: 19P's debt to equity ratio has reduced from 18.7% to 1% 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: 19P has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 19P has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.