Peregrine Industries Balance Sheet Health
Financial Health criteria checks 5/6
Peregrine Industries has a total shareholder equity of $1.1M and total debt of $125.4K, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are $1.2M and $130.6K respectively.
Key information
11.8%
Debt to equity ratio
US$125.36k
Debt
Interest coverage ratio | n/a |
Cash | US$299.99k |
Equity | US$1.06m |
Total liabilities | US$130.59k |
Total assets | US$1.19m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGID's short term assets ($922.3K) exceed its short term liabilities ($10.6K).
Long Term Liabilities: PGID's short term assets ($922.3K) exceed its long term liabilities ($119.9K).
Debt to Equity History and Analysis
Debt Level: PGID has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PGID's debt to equity ratio has reduced 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: PGID has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PGID has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 4.4% each year.