Phinergy Balance Sheet Health
Financial Health criteria checks 6/6
Phinergy has a total shareholder equity of ₪61.6M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪115.8M and ₪54.2M respectively.
Key information
0%
Debt to equity ratio
₪0
Debt
Interest coverage ratio | n/a |
Cash | ₪54.68m |
Equity | ₪61.61m |
Total liabilities | ₪54.21m |
Total assets | ₪115.82m |
Financial Position Analysis
Short Term Liabilities: PNRG's short term assets (₪64.7M) exceed its short term liabilities (₪12.6M).
Long Term Liabilities: PNRG's short term assets (₪64.7M) exceed its long term liabilities (₪41.6M).
Debt to Equity History and Analysis
Debt Level: PNRG is debt free.
Reducing Debt: PNRG currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: PNRG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PNRG is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.