Planet Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Planet Ventures has a total shareholder equity of CA$11.3M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$12.8M and CA$1.5M respectively.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | n/a |
| Cash | CA$11.96m |
| Equity | CA$11.25m |
| Total liabilities | CA$1.52m |
| Total assets | CA$12.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNXP.F's short term assets (CA$12.6M) exceed its short term liabilities (CA$1.4M).
Long Term Liabilities: PNXP.F's short term assets (CA$12.6M) exceed its long term liabilities (CA$130.9K).
Debt to Equity History and Analysis
Debt Level: PNXP.F is debt free.
Reducing Debt: PNXP.F has not had any debt for past 5 years.
Debt Coverage: PNXP.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PNXP.F has no debt, therefore coverage of interest payments is not a concern.