Procyon Balance Sheet Health
Financial Health criteria checks 5/6
Procyon has a total shareholder equity of $2.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $3.2M and $997.3K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$901.65k |
| Equity | US$2.25m |
| Total liabilities | US$997.31k |
| Total assets | US$3.25m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCYN's short term assets ($2.3M) exceed its short term liabilities ($790.5K).
Long Term Liabilities: PCYN's short term assets ($2.3M) exceed its long term liabilities ($206.8K).
Debt to Equity History and Analysis
Debt Level: PCYN is debt free.
Reducing Debt: PCYN had no debt 5 years ago.
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: PCYN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PCYN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.