Panther Metals Balance Sheet Health
Financial Health criteria checks 5/6
Panther Metals has a total shareholder equity of £3.0M and total debt of £406.5K, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are £3.7M and £721.2K respectively.
Key information
13.5%
Debt to equity ratio
UK£406.50k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.61m |
| Equity | UK£3.01m |
| Total liabilities | UK£721.24k |
| Total assets | UK£3.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PALM's short term assets (£1.7M) exceed its short term liabilities (£560.4K).
Long Term Liabilities: PALM's short term assets (£1.7M) exceed its long term liabilities (£160.8K).
Debt to Equity History and Analysis
Debt Level: PALM has more cash than its total debt.
Reducing Debt: PALM's debt to equity ratio has increased from 1.9% to 13.5% 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: PALM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PALM has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 18.8% each year.