Brief: Park City Group Says Co Maintains Significant Liquidity

Repositrak

14/03/2023 18:18

March 14 (Reuters) - Park City Group Inc  PCYG.O :
    * PARK CITY GROUP HIGHLIGHTS ITS CAPITAL AND BALANCE SHEET
STRENGTH IN LIGHT OF RECENT BANKING FAILURES, INFLATION AND
RISING INTEREST RATES.
    * PARK CITY GROUP INC: WE MAINTAIN SIGNIFICANT LIQUIDITY
    * PARK CITY GROUP INC: HAS SUBSTANTIAL CASH RESERVES, ZERO
BANK
DEBT, A SIX TO ONE CURRENT RATIO, AND CONTINUES TO GENERATE
SIGNIFICANT FREE CASH FLOW
    * PARK CITY GROUP INC: OVER $22 MILLION HELD AT MULTIPLE
TIER-ONE
FINANCIAL INSTITUTIONS IN SHORT-TERM CD'S AND MONEY MARKET
ACCOUNTS

Source text for Eikon:  ID:nBwJTppNa 
Further company coverage:  PCYG.O 

 ((Reuters.Briefs@thomsonreuters.com;))