PureCycle Technologies Balance Sheet Health
Financial Health criteria checks 3/6
PureCycle Technologies has a total shareholder equity of $420.2M and total debt of $516.6M, which brings its debt-to-equity ratio to 122.9%. Its total assets and total liabilities are $1.0B and $619.1M respectively.
Key information
122.9%
Debt to equity ratio
US$516.55m
Debt
Interest coverage ratio | n/a |
Cash | US$121.64m |
Equity | US$420.24m |
Total liabilities | US$619.14m |
Total assets | US$1.04b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PCT's short term assets ($162.6M) exceed its short term liabilities ($55.6M).
Long Term Liabilities: PCT's short term assets ($162.6M) do not cover its long term liabilities ($563.5M).
Debt to Equity History and Analysis
Debt Level: PCT's net debt to equity ratio (94%) is considered high.
Reducing Debt: PCT's debt to equity ratio has reduced from 236.4% to 122.9% 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 sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 42.9% each year.