Pelatro Balance Sheet Health
Financial Health criteria checks 4/6
Pelatro has a total shareholder equity of $5.9M and total debt of $559.0K, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are $8.3M and $2.4M respectively.
Key information
9.5%
Debt to equity ratio
US$559.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.06m |
| Equity | US$5.90m |
| Total liabilities | US$2.40m |
| Total assets | US$8.30m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PTRO's short term assets ($5.1M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: PTRO's short term assets ($5.1M) exceed its long term liabilities ($939.0K).
Debt to Equity History and Analysis
Debt Level: PTRO has more cash than its total debt.
Reducing Debt: PTRO's debt to equity ratio has reduced from 17.4% to 9.5% 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: PTRO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PTRO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.6% each year