PyroGenesis Balance Sheet Health
Financial Health criteria checks 0/6
PyroGenesis has a total shareholder equity of CA$-5.1M and total debt of CA$3.5M, which brings its debt-to-equity ratio to -68.8%. Its total assets and total liabilities are CA$25.4M and CA$30.5M respectively.
Key information
-68.8%
Debt to equity ratio
CA$3.54m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$38.72k |
| Equity | -CA$5.15m |
| Total liabilities | CA$30.52m |
| Total assets | CA$25.37m |
Recent financial health updates
Recent updates
PyroGenesis terminates automatic securities disposition plan
Sep 09PyroGenesis Canada reports Q2 results
Aug 15PyroGenesis: Tailwind From The $285 Billion Solid Waste Management Industry
Aug 28PyroGenesis claims LOI for three 10-ton Drosrite Systems from client
Jun 07PyroGenesis Canada Fires Up Its Business Pipeline
May 26PyroGenesis inks LOI to acquire AirScience Technologies for $4.8M
Apr 27Financial Position Analysis
Short Term Liabilities: PYRG.F has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: PYRG.F has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: PYRG.F has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: PYRG.F's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: PYRG.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PYRG.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 16.8% each year