Platinum Investment Management Limited

ASX:PTM Stock Report

Market Cap: AU$605.3m

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 ratio187.7x
CashAU$250.28m
EquityAU$316.80m
Total liabilitiesAU$29.41m
Total assetsAU$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 30
Platinum Investment Management's (ASX:PTM) Shareholders Will Receive A Smaller Dividend Than Last Year

Platinum Investment Management Limited's (ASX:PTM) Price Is Right But Growth Is Lacking

Mar 01
Platinum Investment Management Limited's (ASX:PTM) Price Is Right But Growth Is Lacking

Platinum Investment Management (ASX:PTM) Is Paying Out A Dividend Of A$0.07

Aug 28
Platinum Investment Management (ASX:PTM) Is Paying Out A Dividend Of A$0.07

We Discuss Why Platinum Investment Management Limited's (ASX:PTM) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Nov 09
We Discuss Why Platinum Investment Management Limited's (ASX:PTM) CEO Will Find It Hard To Get A Pay Rise From Shareholders This Year

Platinum Investment Management's (ASX:PTM) Dividend Will Be Reduced To AU$0.10

Feb 25
Platinum Investment Management's (ASX:PTM) Dividend Will Be Reduced To AU$0.10

Here's Why Some Shareholders May Not Be Too Generous With Platinum Investment Management Limited's (ASX:PTM) CEO Compensation This Year

Nov 10
Here's Why Some Shareholders May Not Be Too Generous With Platinum Investment Management Limited's (ASX:PTM) CEO Compensation This Year

Does Platinum Investment Management Limited (ASX:PTM) Have A Place In Your Dividend Portfolio?

May 08
Does Platinum Investment Management Limited (ASX:PTM) Have A Place In Your Dividend Portfolio?

Platinum Investment Management Limited Just Recorded A 32% EPS Beat: Here's What Analysts Are Forecasting Next

Feb 26
Platinum Investment Management Limited Just Recorded A 32% EPS Beat: Here's What Analysts Are Forecasting Next

Platinum Investment Management's (ASX:PTM) Stock Price Has Reduced 45% In The Past Three Years

Feb 11
Platinum Investment Management's (ASX:PTM) Stock Price Has Reduced 45% In The Past Three Years

Is Platinum Investment Management Limited (ASX:PTM) A Smart Choice For Dividend Investors?

Jan 21
Is Platinum Investment Management Limited (ASX:PTM) A Smart Choice For Dividend Investors?

How Should Investors React To Platinum Investment Management's (ASX:PTM) CEO Pay?

Dec 31
How Should Investors React To Platinum Investment Management's (ASX:PTM) CEO Pay?

Could The Platinum Investment Management Limited (ASX:PTM) Ownership Structure Tell Us Something Useful?

Dec 08
Could The Platinum Investment Management Limited (ASX:PTM) Ownership Structure Tell Us Something Useful?

Financial 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.


Balance Sheet


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