Purpose Ether Staking Corp. ETF

MUN:2KV Stock Report

Market Cap: €86.6m

Purpose Ether Staking ETF Balance Sheet Health

Financial Health criteria checks 6/6

Purpose Ether Staking ETF has a total shareholder equity of CA$181.6M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$182.4M and CA$794.7K respectively.

Key information

0%

Debt to equity ratio

CA$0

Debt

Interest coverage ration/a
CashCA$184.22k
EquityCA$181.57m
Total liabilitiesCA$794.75k
Total assetsCA$182.36m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2KV's short term assets (CA$1.1M) exceed its short term liabilities (CA$165.5K).

Long Term Liabilities: 2KV's short term assets (CA$1.1M) exceed its long term liabilities (CA$629.2K).

Debt to Equity History and Analysis

Debt Level: 2KV is debt free.

Reducing Debt: 2KV has not had any debt for 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 2KV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 2KV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.2% per year.