Panoro Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Panoro Minerals has a total shareholder equity of $38.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $53.4M and $15.1M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$1.26m |
Equity | US$38.30m |
Total liabilities | US$15.06m |
Total assets | US$53.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PZM's short term assets ($3.5M) do not cover its short term liabilities ($13.0M).
Long Term Liabilities: PZM's short term assets ($3.5M) exceed its long term liabilities ($2.1M).
Debt to Equity History and Analysis
Debt Level: PZM is debt free.
Reducing Debt: PZM has no debt compared to 5 years ago when its debt to equity ratio was 12.9%.
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: PZM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PZM has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.2% each year.