Precipio Balance Sheet Health
Financial Health criteria checks 3/6
Precipio has a total shareholder equity of $13.0M and total debt of $447.0K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $19.1M and $6.1M respectively.
Key information
3.4%
Debt to equity ratio
US$447.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.56m |
| Equity | US$13.00m |
| Total liabilities | US$6.05m |
| Total assets | US$19.05m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGK's short term assets ($4.3M) do not cover its short term liabilities ($5.5M).
Long Term Liabilities: TGK's short term assets ($4.3M) exceed its long term liabilities ($597.0K).
Debt to Equity History and Analysis
Debt Level: TGK has more cash than its total debt.
Reducing Debt: TGK's debt to equity ratio has reduced from 37.9% to 3.4% 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: TGK has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TGK has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.7% each year.