Plenti Group Balance Sheet Health
Financial Health criteria checks 4/6
Plenti Group has a total shareholder equity of A$26.3M and total debt of A$2.2B, which brings its debt-to-equity ratio to 8319.8%. Its total assets and total liabilities are A$2.3B and A$2.2B respectively.
Key information
8,319.8%
Debt to equity ratio
AU$2.19b
Debt
| Interest coverage ratio | n/a |
| Cash | AU$161.64m |
| Equity | AU$26.32m |
| Total liabilities | AU$2.23b |
| Total assets | AU$2.26b |
Recent financial health updates
Recent updates
The CEO & Executive Director of Plenti Group Limited (ASX:PLT), Daniel Foggo, Just Bought 8.5% More Shares
Feb 22
What Kind Of Investors Own Most Of Plenti Group Limited (ASX:PLT)?
Feb 14Independent Non-Executive Director Susan Forrester Just Bought 206% More Shares In Plenti Group Limited (ASX:PLT)
Dec 23
Financial Position Analysis
Short Term Liabilities: PLT's short term assets (A$2.3B) exceed its short term liabilities (A$45.2M).
Long Term Liabilities: PLT's short term assets (A$2.3B) exceed its long term liabilities (A$2.2B).
Debt to Equity History and Analysis
Debt Level: PLT's net debt to equity ratio (7705.7%) is considered high.
Reducing Debt: PLT's debt to equity ratio has increased from 2832.4% to 8319.8% 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 PLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 60.5% per year.