Platinum Capital Balance Sheet Health
Financial Health criteria checks 6/6
Platinum Capital has a total shareholder equity of A$442.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$450.1M and A$7.3M respectively. Platinum Capital's EBIT is A$27.2M making its interest coverage ratio 117.7. It has cash and short-term investments of A$379.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | 117.7x |
Cash | AU$378.98m |
Equity | AU$442.75m |
Total liabilities | AU$7.31m |
Total assets | AU$450.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMC's short term assets (A$450.1M) exceed its short term liabilities (A$2.5M).
Long Term Liabilities: PMC's short term assets (A$450.1M) exceed its long term liabilities (A$4.8M).
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.