Presto Automation, Inc. PRST OTC

Presto Automation, Inc. (PRST) reported total assets of $20.43M and total liabilities of $78.6M for quarter ending 2024-03-31, resulting in total equity of $-58.17M.

The company held $4.24M in cash and short-term investments. Total debt stood at $62.53M, with net debt of $58.3M. The Debt-to-Equity (D/E) ratio was -1.08 (conservative).

Current ratio is 0.11, which may signal tight short-term liquidity. Interest coverage is -4.9x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (0/100) — Total assets $20.43M and equity $-58.17M support the company's competitive scale
• VALUE (100/100) — Debt-to-Equity -1.08 contributes to the overall valuation risk assessment

Overall SharesGrow Score: 36/100 with 2/7 criteria passed.