PlantArc Bio Balance Sheet Health
Financial Health criteria checks 6/6
PlantArc Bio has a total shareholder equity of ₪10.5M and total debt of ₪0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₪11.8M and ₪1.2M respectively.
Key information
0%
Debt to equity ratio
₪0
Debt
| Interest coverage ratio | n/a |
| Cash | ₪10.53m |
| Equity | ₪10.52m |
| Total liabilities | ₪1.24m |
| Total assets | ₪11.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PLNT's short term assets (₪11.2M) exceed its short term liabilities (₪1.2M).
Long Term Liabilities: PLNT's short term assets (₪11.2M) exceed its long term liabilities (₪66.0K).
Debt to Equity History and Analysis
Debt Level: PLNT is debt free.
Reducing Debt: PLNT has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
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: PLNT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PLNT has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 9.3% each year