Prairie Operating Balance Sheet Health
Financial Health criteria checks 6/6
Prairie Operating has a total shareholder equity of $40.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $45.7M and $5.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$13.04m |
Equity | US$40.17m |
Total liabilities | US$5.51m |
Total assets | US$45.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROP's short term assets ($13.5M) exceed its short term liabilities ($5.4M).
Long Term Liabilities: PROP's short term assets ($13.5M) exceed its long term liabilities ($93.8K).
Debt to Equity History and Analysis
Debt Level: PROP is debt free.
Reducing Debt: PROP currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PROP is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.