Precipio Balance Sheet Health
Financial Health criteria checks 5/6
Precipio has a total shareholder equity of $11.9M and total debt of $528.0K, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are $17.0M and $5.0M respectively.
Key information
4.4%
Debt to equity ratio
US$528.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.05m |
| Equity | US$11.95m |
| Total liabilities | US$5.01m |
| Total assets | US$16.95m |
Recent financial health updates
Recent updates
Market Might Still Lack Some Conviction On Precipio, Inc. (NASDAQ:PRPO) Even After 29% Share Price Boost
Aug 21
Here's Why Shareholders May Want To Be Cautious With Increasing Precipio, Inc.'s (NASDAQ:PRPO) CEO Pay Packet
Jun 07Investors Holding Back On Precipio, Inc. (NASDAQ:PRPO)
Mar 29Precipio, Inc.'s (NASDAQ:PRPO) Subdued P/S Might Signal An Opportunity
Aug 29Precipio to distribute HemeScreen through Fisher Healthcare channel
Jul 20Precipio terminates its equity line with Lincoln Park
Jun 15We Think Some Shareholders May Hesitate To Increase Precipio, Inc.'s (NASDAQ:PRPO) CEO Compensation
Jun 12Precipio shares surge on HemeScreen Anemia Panel launch
Jun 08Precipio shares surge on launching hemescreen panel for Acute Myeloid Leukemia
May 10Precipio: COVID-19 Testing At Amazon Is An Impressive Yet Transitory Fluke
May 05Precipio shares jump on launching its rapid COVID-19 antibody test on Amazon platform
May 03Financial Position Analysis
Short Term Liabilities: PRPO's short term assets ($3.3M) do not cover its short term liabilities ($4.5M).
Long Term Liabilities: PRPO's short term assets ($3.3M) exceed its long term liabilities ($528.0K).
Debt to Equity History and Analysis
Debt Level: PRPO has more cash than its total debt.
Reducing Debt: PRPO's debt to equity ratio has reduced from 4.5% to 4.4% 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: PRPO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PRPO has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 13.2% each year.