Platinum Capital Balance Sheet Health
Financial Health criteria checks 6/6
Platinum Capital has a total shareholder equity of A$446.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$457.5M and A$11.2M respectively. Platinum Capital's EBIT is A$22.7M making its interest coverage ratio 78.8. It has cash and short-term investments of A$396.4M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 78.8x |
| Cash | AU$396.44m |
| Equity | AU$446.33m |
| Total liabilities | AU$11.18m |
| Total assets | AU$457.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMC's short term assets (A$457.5M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: PMC's short term assets (A$457.5M) exceed its long term liabilities (A$8.8M).
Debt to Equity History and Analysis
Debt Level: PMC is debt free.
Reducing Debt: PMC has not had any debt for past 5 years.
Debt Coverage: PMC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PMC has no debt, therefore coverage of interest payments is not a concern.