Perimeter Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Perimeter Solutions has a total shareholder equity of $1.1B and total debt of $776.4M, which brings its debt-to-equity ratio to 73.8%. Its total assets and total liabilities are $2.3B and $1.2B respectively. Perimeter Solutions's EBIT is $47.5M making its interest coverage ratio 1.1. It has cash and short-term investments of $38.7M.
Key information
73.8%
Debt to equity ratio
US$776.43m
Debt
Interest coverage ratio | 1.1x |
Cash | US$38.70m |
Equity | US$1.05b |
Total liabilities | US$1.23b |
Total assets | US$2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OL's short term assets ($236.9M) exceed its short term liabilities ($62.6M).
Long Term Liabilities: 6OL's short term assets ($236.9M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 6OL's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: Insufficient data to determine if 6OL's debt to equity ratio has reduced 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: Whilst unprofitable 6OL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6OL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 47.9% per year.