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 $777.8M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are $2.3B and $1.2B respectively. Perimeter Solutions's EBIT is $29.1M making its interest coverage ratio 0.7. It has cash and short-term investments of $43.2M.
Key information
72.3%
Debt to equity ratio
US$777.81m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$43.16m |
| Equity | US$1.08b |
| Total liabilities | US$1.25b |
| Total assets | US$2.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6OL's short term assets ($295.3M) exceed its short term liabilities ($81.9M).
Long Term Liabilities: 6OL's short term assets ($295.3M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: 6OL's net debt to equity ratio (68.3%) 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 23.2% per year.