Bankruptcy Probability

ParcelPal Logistics Inc's probability of bankruptcy is 18.2%, signalling a meaningful chance of default. The solvency score is 21/100 — a sign of moderate financial strength.

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

Very High
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+1 362%
5Y
-86%
10Y
-
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
+58%
5Y
+201%
10Y
-

Solvency Ratios

Solvency Ratios Comparison
ParcelPal Logistics Inc Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
ParcelPal Logistics Inc
OTC:PTNYF
2.9k USD
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US
United Parcel Service Inc
NYSE:UPS
85.9B USD
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US
FedEx Corp
NYSE:FDX
71.7B USD
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DE
Deutsche Post AG
XETRA:DHL
65B EUR
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DK
DSV A/S
CSE:DSV
325.1B DKK
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US
Expeditors International of Washington Inc
NYSE:EXPD
25.5B USD
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CN
S.F. Holding Co Ltd
SZSE:002352
161.7B CNY
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US
CH Robinson Worldwide Inc
NASDAQ:CHRW
16.5B USD
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CN
ZTO Express (Cayman) Inc
HKEX:2057
120.1B HKD
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CN
J&T Global Express Ltd
F:J92
9.7B EUR
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KR
Hyundai Glovis Co Ltd
KRX:086280
13.2T KRW
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No Stocks Found
Is ParcelPal Logistics Inc at risk of bankruptcy?

ParcelPal Logistics Inc's probability of bankruptcy is 18.2%, signalling a meaningful chance of default.

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

How much debt does ParcelPal Logistics Inc have?

As of the latest report, ParcelPal Logistics Inc has total debt of 1.7m CAD. This includes both short-term (1.7m CAD) and long-term (0 CAD) debt.

You can find a full breakdown on its Balance Sheet.

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