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Pembridge Resources Balance Sheet Health
Financial Health criteria checks 3/6
Pembridge Resources has a total shareholder equity of $3.2M and total debt of $8.8M, which brings its debt-to-equity ratio to 270.8%. Its total assets and total liabilities are $17.4M and $14.1M respectively.
Key information
270.8%
Debt to equity ratio
US$8.75m
Debt
Interest coverage ratio | n/a |
Cash | US$617.00k |
Equity | US$3.23m |
Total liabilities | US$14.13m |
Total assets | US$17.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERE's short term assets ($7.5M) do not cover its short term liabilities ($8.4M).
Long Term Liabilities: PERE's short term assets ($7.5M) exceed its long term liabilities ($5.8M).
Debt to Equity History and Analysis
Debt Level: PERE's net debt to equity ratio (251.7%) is considered high.
Reducing Debt: PERE's debt to equity ratio has increased from 0% to 270.8% 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 PERE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PERE is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.7% per year.