Pioneer Credit Balance Sheet Health
Financial Health criteria checks 0/6
Pioneer Credit has a total shareholder equity of A$43.9M and total debt of A$285.6M, which brings its debt-to-equity ratio to 650.5%. Its total assets and total liabilities are A$366.1M and A$322.2M respectively.
Key information
650.5%
Debt to equity ratio
AU$285.59m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$9.22m |
| Equity | AU$43.90m |
| Total liabilities | AU$322.20m |
| Total assets | AU$366.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PNC's short term assets (A$11.5M) do not cover its short term liabilities (A$43.6M).
Long Term Liabilities: PNC's short term assets (A$11.5M) do not cover its long term liabilities (A$278.6M).
Debt to Equity History and Analysis
Debt Level: PNC's net debt to equity ratio (629.5%) is considered high.
Reducing Debt: PNC's debt to equity ratio has increased from 137.3% to 650.5% over the past 5 years.
Debt Coverage: PNC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PNC's interest payments on its debt are well covered by EBIT.