Petros Pharmaceuticals Balance Sheet Health
Financial Health criteria checks 2/6
Petros Pharmaceuticals has a total shareholder equity of $3.1M and total debt of $7.2M, which brings its debt-to-equity ratio to 232.5%. Its total assets and total liabilities are $20.7M and $17.6M respectively.
Key information
232.5%
Debt to equity ratio
US$7.25m
Debt
| Interest coverage ratio | n/a |
| Cash | US$3.89m |
| Equity | US$3.12m |
| Total liabilities | US$17.58m |
| Total assets | US$20.69m |
Recent financial health updates
Recent updates
It's Probably Less Likely That Petros Pharmaceuticals, Inc.'s (NASDAQ:PTPI) CEO Will See A Huge Pay Rise This Year
Nov 13
Petros Pharmaceuticals GAAP EPS of -$0.10, revenue of $6.6M
Aug 15Petros Pharma shares more than triple in value after co to be taken private in $67.2M deal
Jul 28Petros Pharmaceuticals: Advancing Complementary Men's Health Therapeutics
Dec 07Financial Position Analysis
Short Term Liabilities: PTPI's short term assets ($10.7M) do not cover its short term liabilities ($12.6M).
Long Term Liabilities: PTPI's short term assets ($10.7M) exceed its long term liabilities ($5.0M).
Debt to Equity History and Analysis
Debt Level: PTPI's net debt to equity ratio (107.6%) is considered high.
Reducing Debt: PTPI's debt to equity ratio has reduced from 407.7% to 232.5% 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: PTPI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PTPI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 12:03 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Petros Pharmaceuticals, Inc. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nazibur Rahman | Maxim Group |