PetIQ Financial Health

How is PetIQ's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PETQ's short term assets ($336.2M) exceed its short term liabilities ($115.9M).

Long Term Liabilities: PETQ's short term assets ($336.2M) do not cover its long term liabilities ($460.5M).


Debt to Equity History and Analysis

Debt Level: PETQ's net debt to equity ratio (183.4%) is considered high.

Reducing Debt: PETQ's debt to equity ratio has increased from 18.4% to 209.8% 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: PETQ has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PETQ has sufficient cash runway for 2.4 years if free cash flow continues to reduce at historical rates of 27.7% each year.


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