Platinum Investment Management Balance Sheet Health
Financial Health criteria checks 6/6
Platinum Investment Management has a total shareholder equity of A$316.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$346.2M and A$29.4M respectively. Platinum Investment Management's EBIT is A$81.3M making its interest coverage ratio 187.7. It has cash and short-term investments of A$250.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 187.7x |
Cash | AU$250.28m |
Equity | AU$316.80m |
Total liabilities | AU$29.41m |
Total assets | AU$346.21m |
Recent financial health updates
No updates
Recent updates
Platinum Investment Management's (ASX:PTM) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 30Platinum Investment Management Limited's (ASX:PTM) Price Is Right But Growth Is Lacking
Mar 01Platinum Investment Management (ASX:PTM) Is Paying Out A Dividend Of A$0.07
Aug 28We Discuss Why Platinum Investment Management Limited's (ASX:PTM) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year
Nov 09Platinum Investment Management's (ASX:PTM) Dividend Will Be Reduced To AU$0.10
Feb 25Here's Why Some Shareholders May Not Be Too Generous With Platinum Investment Management Limited's (ASX:PTM) CEO Compensation This Year
Nov 10Does Platinum Investment Management Limited (ASX:PTM) Have A Place In Your Dividend Portfolio?
May 08Platinum Investment Management Limited Just Recorded A 32% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 26Platinum Investment Management's (ASX:PTM) Stock Price Has Reduced 45% In The Past Three Years
Feb 11Is Platinum Investment Management Limited (ASX:PTM) A Smart Choice For Dividend Investors?
Jan 21How Should Investors React To Platinum Investment Management's (ASX:PTM) CEO Pay?
Dec 31Could The Platinum Investment Management Limited (ASX:PTM) Ownership Structure Tell Us Something Useful?
Dec 08Financial Position Analysis
Short Term Liabilities: PTM's short term assets (A$270.4M) exceed its short term liabilities (A$16.5M).
Long Term Liabilities: PTM's short term assets (A$270.4M) exceed its long term liabilities (A$13.0M).
Debt to Equity History and Analysis
Debt Level: PTM is debt free.
Reducing Debt: PTM has not had any debt for past 5 years.
Debt Coverage: PTM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTM has no debt, therefore coverage of interest payments is not a concern.