PCI-PAL Balance Sheet Health
Financial Health criteria checks 2/6
PCI-PAL has a total shareholder equity of £-4.7M and total debt of £250.0K, which brings its debt-to-equity ratio to -5.4%. Its total assets and total liabilities are £10.9M and £15.5M respectively.
Key information
-5.4%
Debt to equity ratio
UK£250.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£795.00k |
| Equity | -UK£4.66m |
| Total liabilities | UK£15.53m |
| Total assets | UK£10.86m |
Recent financial health updates
We Think PCI-PAL (LON:PCIP) Can Easily Afford To Drive Business Growth
Apr 09
Is PCI-PAL (LON:PCIP) Using Too Much Debt?
Mar 09PCI-PAL (LON:PCIP) Has Debt But No Earnings; Should You Worry?
Nov 24
Recent updates
Some Confidence Is Lacking In PCI-PAL PLC (LON:PCIP) As Shares Slide 25%
Feb 07Lacklustre Performance Is Driving PCI-PAL PLC's (LON:PCIP) Low P/S
Nov 16PCI-PAL PLC's (LON:PCIP) CEO Looks Like They Deserve Their Pay Packet
Oct 20We Think PCI-PAL (LON:PCIP) Can Easily Afford To Drive Business Growth
Apr 09Is PCI-PAL (LON:PCIP) Using Too Much Debt?
Mar 09Is PCI-PAL PLC (LON:PCIP) Potentially Undervalued?
Dec 29PCI-PAL (LON:PCIP) Has Debt But No Earnings; Should You Worry?
Nov 24Financial Position Analysis
Short Term Liabilities: PCIP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PCIP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PCIP has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PCIP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: PCIP has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PCIP is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.