PureCycle Technologies Balance Sheet Health
Financial Health criteria checks 2/6
PureCycle Technologies has a total shareholder equity of $241.4M and total debt of $356.6M, which brings its debt-to-equity ratio to 147.7%. Its total assets and total liabilities are $788.8M and $547.4M respectively.
Key information
147.7%
Debt to equity ratio
US$356.61m
Debt
| Interest coverage ratio | n/a |
| Cash | US$83.67m |
| Equity | US$241.42m |
| Total liabilities | US$547.36m |
| Total assets | US$788.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PCT's short term assets ($101.5M) exceed its short term liabilities ($58.3M).
Long Term Liabilities: PCT's short term assets ($101.5M) do not cover its long term liabilities ($489.1M).
Debt to Equity History and Analysis
Debt Level: PCT's net debt to equity ratio (113.1%) is considered high.
Reducing Debt: PCT's debt to equity ratio has reduced from 556% to 147.7% 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: PCT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PCT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 28.5% each year