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Parnell Pharmaceuticals Holdings Ltd
OTC:PARNF

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Parnell Pharmaceuticals Holdings Ltd
OTC:PARNF
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Price: 0.08 USD
Market Cap: $1.4m

Bankruptcy Probability

Parnell Pharmaceuticals Holdings Ltd's probability of bankruptcy is 2.6%, pointing to a small but noticeable default risk. The solvency score is 52/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Moderate
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
Jun 30, 2016 4.1m
Dec 31, 2015 5.7m
Jun 30, 2015 18m
Long-Term Investments
+
Jun 30, 2016 0
Dec 31, 2015 0
Jun 30, 2015 0
Debt
+
Jun 30, 2016 11.8m
Dec 31, 2015 14.4m
Jun 30, 2015 13.6m

Solvency Ratios

Solvency Ratios Comparison
Parnell Pharmaceuticals Holdings Ltd Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
AU
Parnell Pharmaceuticals Holdings Ltd
OTC:PARNF
1.4m USD
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US
Eli Lilly and Co
NYSE:LLY
939.9B USD
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US
Johnson & Johnson
NYSE:JNJ
587.8B USD
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CH
Roche Holding AG
SIX:ROG
256.9B CHF
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UK
AstraZeneca PLC
LSE:AZN
224.3B GBP
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CH
Novartis AG
SIX:NOVN
234.4B CHF
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US
Merck & Co Inc
NYSE:MRK
288.2B USD
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IE
Endo International PLC
LSE:0Y5F
218B USD
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DK
Novo Nordisk A/S
CSE:NOVO B
1.1T DKK
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US
Pfizer Inc
NYSE:PFE
153.1B USD
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US
Bristol-Myers Squibb Co
NYSE:BMY
119.5B USD
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No Stocks Found
Is Parnell Pharmaceuticals Holdings Ltd at risk of bankruptcy?

Parnell Pharmaceuticals Holdings Ltd's probability of bankruptcy is 2.6%, pointing to a small but noticeable default risk.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Parnell Pharmaceuticals Holdings Ltd have?

As of the latest report, Parnell Pharmaceuticals Holdings Ltd has total debt of 11.8m AUD. This includes both short-term (0 AUD) and long-term (11.8m AUD) debt.

You can find a full breakdown on its Balance Sheet.

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