Pure Cycle Balance Sheet Health
Financial Health criteria checks 5/6
Pure Cycle has a total shareholder equity of $120.4M and total debt of $6.9M, which brings its debt-to-equity ratio to 5.7%. Its total assets and total liabilities are $135.2M and $14.8M respectively. Pure Cycle's EBIT is $5.2M making its interest coverage ratio -1.9. It has cash and short-term investments of $20.6M.
Key information
5.7%
Debt to equity ratio
US$6.90m
Debt
| Interest coverage ratio | -1.9x |
| Cash | US$20.59m |
| Equity | US$120.44m |
| Total liabilities | US$14.78m |
| Total assets | US$135.23m |
Recent financial health updates
Recent updates
Is Pure Cycle (NASDAQ:PCYO) Using Too Much Debt?
Jun 17
Pure Cycle: This Obscure Water Play Is Back In The Buy Zone
Oct 09Pure Cycle receives $23.6M from Second Sky Ranch Community Authority Board bond offering
Aug 24Pure Cycle GAAP EPS of $0.03, revenue of $3.19M
Jul 113 Best Real Estate Stocks To Buy Now; I Like PCYO Best
Apr 13Pure Cycle: 50-70% Conservative NAV, Hard-Asset Company, Lots Of Free Options And Insiders Own 21%
Apr 07Pure Cycle (NASDAQ:PCYO) Strong Profits May Be Masking Some Underlying Issues
Nov 19Pure Cycle reports FQ1 results
Jan 04Pure Cycle: A Water Utility Player Creating Its Own Market
Dec 31Pure Cycle reports FY results
Nov 10Pure Cycle receives contracts for lots sale in second development filing
Nov 03Financial Position Analysis
Short Term Liabilities: PCYO's short term assets ($26.4M) exceed its short term liabilities ($6.4M).
Long Term Liabilities: PCYO's short term assets ($26.4M) exceed its long term liabilities ($8.3M).
Debt to Equity History and Analysis
Debt Level: PCYO has more cash than its total debt.
Reducing Debt: PCYO's debt to equity ratio has increased from 0% to 5.7% over the past 5 years.
Debt Coverage: PCYO's debt is well covered by operating cash flow (55.5%).
Interest Coverage: PCYO earns more interest than it pays, so coverage of interest payments is not a concern.