PEXA Group Balance Sheet Health
Financial Health criteria checks 4/6
PEXA Group has a total shareholder equity of A$1.2B and total debt of A$368.9M, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are A$1.8B and A$513.8M respectively. PEXA Group's EBIT is A$4.0M making its interest coverage ratio 1.6. It has cash and short-term investments of A$73.1M.
Key information
29.8%
Debt to equity ratio
AU$368.93m
Debt
Interest coverage ratio | 1.6x |
Cash | AU$73.08m |
Equity | AU$1.24b |
Total liabilities | AU$513.84m |
Total assets | AU$1.75b |
Recent financial health updates
Recent updates
These 4 Measures Indicate That PEXA Group (ASX:PXA) Is Using Debt Extensively
May 02A Look At The Intrinsic Value Of PEXA Group Limited (ASX:PXA)
Mar 29PEXA Group Limited's (ASX:PXA) Share Price Matching Investor Opinion
Dec 21A Look At The Fair Value Of PEXA Group Limited (ASX:PXA)
Oct 23Does This Valuation Of PEXA Group Limited (ASX:PXA) Imply Investors Are Overpaying?
Jul 05Some Confidence Is Lacking In PEXA Group Limited's (ASX:PXA) P/S
Jun 13Estimating The Fair Value Of PEXA Group Limited (ASX:PXA)
Jun 29PEXA Group Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 24Financial Position Analysis
Short Term Liabilities: PXA's short term assets (A$101.2M) exceed its short term liabilities (A$65.0M).
Long Term Liabilities: PXA's short term assets (A$101.2M) do not cover its long term liabilities (A$448.8M).
Debt to Equity History and Analysis
Debt Level: PXA's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PXA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PXA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PXA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.4% per year.