Portland JSX Balance Sheet Health
Financial Health criteria checks 4/6
Portland JSX has a total shareholder equity of $24.0M and total debt of $3.9M, which brings its debt-to-equity ratio to 16.1%. Its total assets and total liabilities are $28.0M and $3.9M respectively.
Key information
16.1%
Debt to equity ratio
US$3.86m
Debt
Interest coverage ratio | n/a |
Cash | US$2.78m |
Equity | US$24.03m |
Total liabilities | US$3.95m |
Total assets | US$27.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PJX's short term assets ($3.4M) exceed its short term liabilities ($87.4K).
Long Term Liabilities: PJX's short term assets ($3.4M) do not cover its long term liabilities ($3.9M).
Debt to Equity History and Analysis
Debt Level: PJX's net debt to equity ratio (4.5%) is considered satisfactory.
Reducing Debt: PJX's debt to equity ratio has increased from 0% to 16.1% 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: PJX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PJX has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 12.6% each year.