Precision Optics Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Precision Optics has a total shareholder equity of $10.1M and total debt of $2.5M, which brings its debt-to-equity ratio to 25%. Its total assets and total liabilities are $17.2M and $7.1M respectively.
Key information
25.0%
Debt to equity ratio
US$2.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$635.57k |
| Equity | US$10.14m |
| Total liabilities | US$7.10m |
| Total assets | US$17.24m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: POCI's short term assets ($7.5M) exceed its short term liabilities ($5.3M).
Long Term Liabilities: POCI's short term assets ($7.5M) exceed its long term liabilities ($1.8M).
Debt to Equity History and Analysis
Debt Level: POCI's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: POCI's debt to equity ratio has increased from 0% to 25% 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: POCI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: POCI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22% each year