Prairie Operating Balance Sheet Health
Financial Health criteria checks 6/6
Prairie Operating has a total shareholder equity of $61.3M and total debt of $19.5M, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are $107.2M and $45.9M respectively.
Key information
31.9%
Debt to equity ratio
US$19.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$40.05m |
| Equity | US$61.29m |
| Total liabilities | US$45.89m |
| Total assets | US$107.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROP's short term assets ($57.1M) exceed its short term liabilities ($45.0M).
Long Term Liabilities: PROP's short term assets ($57.1M) exceed its long term liabilities ($875.1K).
Debt to Equity History and Analysis
Debt Level: PROP has more cash than its total debt.
Reducing Debt: PROP 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: PROP has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PROP is forecast to have sufficient cash runway for 10 months based on free cash flow estimates, but has since raised additional capital.