Plenti Group Balance Sheet Health
Financial Health criteria checks 5/6
Plenti Group has a total shareholder equity of A$19.4M and total debt of A$2.3B, which brings its debt-to-equity ratio to 11970.8%. Its total assets and total liabilities are A$2.4B and A$2.4B respectively.
Key information
11,970.8%
Debt to equity ratio
AU$2.32b
Debt
| Interest coverage ratio | n/a |
| Cash | AU$149.70m |
| Equity | AU$19.41m |
| Total liabilities | AU$2.36b |
| Total assets | AU$2.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLT's short term assets (A$2.4B) exceed its short term liabilities (A$15.3M).
Long Term Liabilities: PLT's short term assets (A$2.4B) exceed its long term liabilities (A$2.3B).
Debt to Equity History and Analysis
Debt Level: PLT's net debt to equity ratio (11199.7%) is considered high.
Reducing Debt: PLT's debt to equity ratio has reduced from 23898.7% to 11970.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PLT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 69.2% per year.