Plurilock Security Balance Sheet Health
Financial Health criteria checks 1/6
Plurilock Security has a total shareholder equity of CA$63.8K and total debt of CA$2.9M, which brings its debt-to-equity ratio to 4609.8%. Its total assets and total liabilities are CA$20.3M and CA$20.3M respectively.
Key information
4,609.8%
Debt to equity ratio
CA$2.94m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$2.89m |
| Equity | CA$63.78k |
| Total liabilities | CA$20.28m |
| Total assets | CA$20.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6590's short term assets (CA$14.9M) do not cover its short term liabilities (CA$19.6M).
Long Term Liabilities: 6590's short term assets (CA$14.9M) exceed its long term liabilities (CA$720.8K).
Debt to Equity History and Analysis
Debt Level: 6590's net debt to equity ratio (77.5%) is considered high.
Reducing Debt: 6590's debt to equity ratio has increased from 127% to 4609.8% 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: 6590 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 6590 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.8% each year