Power Nickel Balance Sheet Health
Financial Health criteria checks 5/6
Power Nickel has a total shareholder equity of CA$13.1M and total debt of CA$7.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are CA$20.1M and CA$7.0M respectively.
Key information
0.05%
Debt to equity ratio
CA$7.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$18.61m |
| Equity | CA$13.11m |
| Total liabilities | CA$7.00m |
| Total assets | CA$20.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNPN.F's short term assets (CA$20.1M) exceed its short term liabilities (CA$6.9M).
Long Term Liabilities: PNPN.F's short term assets (CA$20.1M) exceed its long term liabilities (CA$55.5K).
Debt to Equity History and Analysis
Debt Level: PNPN.F has more cash than its total debt.
Reducing Debt: PNPN.F had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: PNPN.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PNPN.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 47.6% each year