Powerhouse Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Powerhouse Ventures has a total shareholder equity of A$11.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$11.2M and A$90.2K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.44m |
| Equity | AU$11.07m |
| Total liabilities | AU$90.22k |
| Total assets | AU$11.16m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PVL's short term assets (A$2.6M) exceed its short term liabilities (A$90.2K).
Long Term Liabilities: PVL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PVL is debt free.
Reducing Debt: PVL has no debt compared to 5 years ago when its debt to equity ratio was 37.7%.
Debt Coverage: PVL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PVL has no debt, therefore coverage of interest payments is not a concern.