PTX Metals Balance Sheet Health

Financial Health criteria checks 3/6

PTX Metals has a total shareholder equity of CA$8.1M and total debt of CA$258.6K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are CA$8.9M and CA$790.9K respectively.

Key information

3.2%

Debt to equity ratio

CA$258.63k

Debt

Interest coverage ration/a
CashCA$594.16k
EquityCA$8.10m
Total liabilitiesCA$790.85k
Total assetsCA$8.89m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PANX.F's short term assets (CA$973.9K) exceed its short term liabilities (CA$790.9K).

Long Term Liabilities: PANX.F has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PANX.F has more cash than its total debt.

Reducing Debt: PANX.F's debt to equity ratio has increased from 0% to 3.2% 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: PANX.F has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: PANX.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.5% each year


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