Poolbeg Pharma Balance Sheet Health
Financial Health criteria checks 6/6
Poolbeg Pharma has a total shareholder equity of £14.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £15.4M and £986.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£12.17m |
Equity | UK£14.44m |
Total liabilities | UK£986.00k |
Total assets | UK£15.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POLB.F's short term assets (£13.5M) exceed its short term liabilities (£986.0K).
Long Term Liabilities: POLB.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: POLB.F is debt free.
Reducing Debt: POLB.F has not had any debt for 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: POLB.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: POLB.F has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 19.2% each year.