PureTech Health Balance Sheet Health
Financial Health criteria checks 3/6
PureTech Health has a total shareholder equity of $306.2M and total debt of $124.7M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are $580.0M and $273.7M respectively.
Key information
40.7%
Debt to equity ratio
US$124.74m
Debt
| Interest coverage ratio | n/a |
| Cash | US$500.42m |
| Equity | US$306.21m |
| Total liabilities | US$273.74m |
| Total assets | US$579.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTCH.F's short term assets ($508.8M) exceed its short term liabilities ($138.3M).
Long Term Liabilities: PTCH.F's short term assets ($508.8M) exceed its long term liabilities ($135.4M).
Debt to Equity History and Analysis
Debt Level: PTCH.F has more cash than its total debt.
Reducing Debt: PTCH.F's debt to equity ratio has increased from 3.6% to 40.7% over the past 5 years.
Debt Coverage: PTCH.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PTCH.F's interest payments on its debt are well covered by EBIT.