Phreesia Balance Sheet Health
Financial Health criteria checks 6/6
Phreesia has a total shareholder equity of $251.4M and total debt of $3.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are $370.3M and $118.9M respectively.
Key information
1.3%
Debt to equity ratio
US$3.15m
Debt
Interest coverage ratio | n/a |
Cash | US$87.52m |
Equity | US$251.45m |
Total liabilities | US$118.88m |
Total assets | US$370.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A23's short term assets ($195.7M) exceed its short term liabilities ($110.1M).
Long Term Liabilities: 0A23's short term assets ($195.7M) exceed its long term liabilities ($8.8M).
Debt to Equity History and Analysis
Debt Level: 0A23 has more cash than its total debt.
Reducing Debt: 0A23 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 0A23 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 0A23 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 37.5% each year.