PureTech Health Balance Sheet Health
Financial Health criteria checks 3/6
PureTech Health has a total shareholder equity of $458.2M and total debt of $113.9M, which brings its debt-to-equity ratio to 24.8%. Its total assets and total liabilities are $694.0M and $235.7M respectively.
Key information
24.8%
Debt to equity ratio
US$113.86m
Debt
Interest coverage ratio | n/a |
Cash | US$327.14m |
Equity | US$458.23m |
Total liabilities | US$235.74m |
Total assets | US$693.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTCH.F's short term assets ($347.2M) exceed its short term liabilities ($51.4M).
Long Term Liabilities: PTCH.F's short term assets ($347.2M) exceed its long term liabilities ($184.4M).
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 7.2% to 24.8% 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.