Pinnacle Investment Management Group Balance Sheet Health
Financial Health criteria checks 4/6
Pinnacle Investment Management Group has a total shareholder equity of A$455.9M and total debt of A$100.1M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are A$583.0M and A$127.1M respectively. Pinnacle Investment Management Group's EBIT is A$251.0K making its interest coverage ratio 0. It has cash and short-term investments of A$184.8M.
Key information
22.0%
Debt to equity ratio
AU$100.13m
Debt
| Interest coverage ratio | 0.03x |
| Cash | AU$184.82m |
| Equity | AU$455.89m |
| Total liabilities | AU$127.10m |
| Total assets | AU$582.99m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PNI's short term assets (A$221.8M) exceed its short term liabilities (A$19.2M).
Long Term Liabilities: PNI's short term assets (A$221.8M) exceed its long term liabilities (A$107.9M).
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 22% over the past 5 years.
Debt Coverage: PNI's debt is well covered by operating cash flow (96.2%).
Interest Coverage: PNI's interest payments on its debt are not well covered by EBIT (0x coverage).