Pinnacle Investment Management Group Balance Sheet Health
Financial Health criteria checks 4/6
Pinnacle Investment Management Group has a total shareholder equity of A$417.2M and total debt of A$100.1M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are A$536.8M and A$119.6M respectively. Pinnacle Investment Management Group's EBIT is A$3.7M making its interest coverage ratio 0.5. It has cash and short-term investments of A$151.1M.
Key information
24.0%
Debt to equity ratio
AU$100.13m
Debt
| Interest coverage ratio | 0.5x |
| Cash | AU$151.08m |
| Equity | AU$417.18m |
| Total liabilities | AU$119.63m |
| Total assets | AU$536.80m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PNI's short term assets (A$180.8M) exceed its short term liabilities (A$11.3M).
Long Term Liabilities: PNI's short term assets (A$180.8M) exceed its long term liabilities (A$108.3M).
Debt to Equity History and Analysis
Debt Level: PNI has more cash than its total debt.
Reducing Debt: PNI's debt to equity ratio has increased from 0% to 24% over the past 5 years.
Debt Coverage: PNI's debt is well covered by operating cash flow (98.7%).
Interest Coverage: PNI's interest payments on its debt are not well covered by EBIT (0.5x coverage).