Pheton Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Pheton Holdings has a total shareholder equity of $306.3K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$217.89k |
| Equity | US$306.27k |
| Total liabilities | US$1.31m |
| Total assets | US$1.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTHL's short term assets ($532.5K) do not cover its short term liabilities ($1.2M).
Long Term Liabilities: PTHL's short term assets ($532.5K) exceed its long term liabilities ($105.0K).
Debt to Equity History and Analysis
Debt Level: PTHL is debt free.
Reducing Debt: PTHL has not had any debt for past 5 years.
Debt Coverage: PTHL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTHL has no debt, therefore coverage of interest payments is not a concern.