Pharos Energy Balance Sheet Health
Financial Health criteria checks 5/6
Pharos Energy has a total shareholder equity of $283.6M and total debt of $13.8M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are $440.7M and $157.1M respectively. Pharos Energy's EBIT is $2.2M making its interest coverage ratio 0.7. It has cash and short-term investments of $30.7M.
Key information
4.9%
Debt to equity ratio
US$13.80m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$30.70m |
| Equity | US$283.60m |
| Total liabilities | US$157.10m |
| Total assets | US$440.70m |
Recent financial health updates
Recent updates
Pharos Energy (LON:PHAR) Is Paying Out A Dividend Of $0.0077
May 29
Pharos Energy (LON:PHAR) Is Paying Out A Dividend Of $0.0077
May 11Pharos Energy (LON:PHAR) Has Announced A Dividend Of $0.0077
Apr 27Pharos Energy (LON:PHAR) Has Announced A Dividend Of $0.0077
Mar 31Does Pharos Energy (LON:PHAR) Have A Healthy Balance Sheet?
May 27Analyst Forecasts For Pharos Energy plc (LON:PHAR) Are Surging Higher
Mar 17There Are Some Reasons To Suggest That Pharos Energy's (LON:PHAR) Earnings A Poor Reflection Of Profitability
Sep 22Pharos Energy plc (LON:PHAR) Shares Could Be 50% Below Their Intrinsic Value Estimate
Jun 01News Flash: Analysts Just Made A Massive Upgrade To Their Pharos Energy plc (LON:PHAR) Forecasts
Apr 08How Much Are Pharos Energy plc (LON:PHAR) Insiders Spending On Buying Shares?
Mar 09An Intrinsic Calculation For Pharos Energy plc (LON:PHAR) Suggests It's 46% Undervalued
Feb 09How Much Of Pharos Energy plc (LON:PHAR) Do Insiders Own?
Jan 14Would Shareholders Who Purchased Pharos Energy's (LON:PHAR) Stock Five Years Be Happy With The Share price Today?
Dec 07Financial Position Analysis
Short Term Liabilities: PHAR's short term assets ($98.6M) exceed its short term liabilities ($34.7M).
Long Term Liabilities: PHAR's short term assets ($98.6M) do not cover its long term liabilities ($122.4M).
Debt to Equity History and Analysis
Debt Level: PHAR has more cash than its total debt.
Reducing Debt: PHAR's debt to equity ratio has reduced from 18.5% to 4.9% 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: Whilst unprofitable PHAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PHAR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.7% per year.