Perpetual Balance Sheet Health
Financial Health criteria checks 3/6
Perpetual has a total shareholder equity of A$1.7B and total debt of A$679.0M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are A$3.4B and A$1.7B respectively. Perpetual's EBIT is A$165.8M making its interest coverage ratio 2.4. It has cash and short-term investments of A$221.3M.
Key information
39.0%
Debt to equity ratio
AU$679.00m
Debt
| Interest coverage ratio | 2.4x |
| Cash | AU$221.30m |
| Equity | AU$1.74b |
| Total liabilities | AU$1.66b |
| Total assets | AU$3.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPT's short term assets (A$640.0M) do not cover its short term liabilities (A$1.2B).
Long Term Liabilities: PPT's short term assets (A$640.0M) exceed its long term liabilities (A$430.2M).
Debt to Equity History and Analysis
Debt Level: PPT's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: PPT's debt to equity ratio has increased from 13.1% to 39% over the past 5 years.
Debt Coverage: PPT's debt is well covered by operating cash flow (43.7%).
Interest Coverage: PPT's interest payments on its debt are not well covered by EBIT (2.4x coverage).