Pure Extracts Technologies Balance Sheet Health
Financial Health criteria checks 1/6
Pure Extracts Technologies has a total shareholder equity of CA$579.1K and total debt of CA$905.0K, which brings its debt-to-equity ratio to 156.3%. Its total assets and total liabilities are CA$5.3M and CA$4.7M respectively.
Key information
156.3%
Debt to equity ratio
CA$905.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$53.44k |
| Equity | CA$579.06k |
| Total liabilities | CA$4.74m |
| Total assets | CA$5.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PUX's short term assets (CA$1.7M) do not cover its short term liabilities (CA$4.2M).
Long Term Liabilities: PUX's short term assets (CA$1.7M) exceed its long term liabilities (CA$570.3K).
Debt to Equity History and Analysis
Debt Level: PUX's net debt to equity ratio (147.1%) is considered high.
Reducing Debt: Insufficient data to determine if PUX'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: PUX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PUX has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.1% each year.