PYX Resources Balance Sheet Health
Financial Health criteria checks 6/6
PYX Resources has a total shareholder equity of $83.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $98.8M and $15.2M respectively. PYX Resources's EBIT is $496.5K making its interest coverage ratio 9.1. It has cash and short-term investments of $7.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 9.1x |
| Cash | US$7.57m |
| Equity | US$83.68m |
| Total liabilities | US$15.16m |
| Total assets | US$98.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PYX's short term assets ($18.3M) exceed its short term liabilities ($15.2M).
Long Term Liabilities: PYX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PYX is debt free.
Reducing Debt: PYX had no debt 5 years ago.
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: PYX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PYX has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 28.8% each year.