Perpetual Industries Balance Sheet Health
Financial Health criteria checks 3/6
Perpetual Industries has a total shareholder equity of $7.8M and total debt of $969.0K, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are $10.7M and $2.8M respectively.
Key information
12.4%
Debt to equity ratio
US$969.00k
Debt
| Interest coverage ratio | n/a |
| Cash | US$1.50m |
| Equity | US$7.83m |
| Total liabilities | US$2.84m |
| Total assets | US$10.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRPI's short term assets ($1.5M) do not cover its short term liabilities ($2.4M).
Long Term Liabilities: PRPI's short term assets ($1.5M) exceed its long term liabilities ($431.6K).
Debt to Equity History and Analysis
Debt Level: PRPI has more cash than its total debt.
Reducing Debt: PRPI 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: Insufficient data to determine if PRPI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PRPI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.