Pegasus Resources Balance Sheet Health
Financial Health criteria checks 3/6
Pegasus Resources has a total shareholder equity of CA$1.6M and total debt of CA$60.0K, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are CA$2.2M and CA$627.1K respectively.
Key information
3.8%
Debt to equity ratio
CA$60.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$555.44k |
| Equity | CA$1.60m |
| Total liabilities | CA$627.14k |
| Total assets | CA$2.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0QS0's short term assets (CA$579.3K) do not cover its short term liabilities (CA$627.1K).
Long Term Liabilities: 0QS0 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0QS0 has more cash than its total debt.
Reducing Debt: 0QS0's debt to equity ratio has reduced from 6.6% to 3.8% 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: 0QS0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0QS0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.1% each year