TrueContext Corporation PPRRF OTC

TrueContext Corporation (PPRRF) reported total assets of $15.46M and total liabilities of $19.19M for quarter ending 2023-12-31, resulting in total equity of $-3.73M.

The company held $7.13M in cash and short-term investments. Total debt stood at $6.84M, with net debt of $-285.36K. The Debt-to-Equity (D/E) ratio was -1.83 (conservative).

Current ratio is 1.09, suggesting adequate short-term liquidity. Interest coverage is 3.9x (adequate).

Criteria supported by this page:

• HEALTH (25/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (50/100) — Total assets $15.46M and equity $-3.73M support the company's competitive scale

Overall SharesGrow Score: 24/100 with 0/7 criteria passed.