Pritchard Equity Balance Sheet Health
Financial Health criteria checks 3/6
Pritchard Equity has a total shareholder equity of A$4.7M and total debt of A$150.3M, which brings its debt-to-equity ratio to 3194.9%. Its total assets and total liabilities are A$157.0M and A$152.3M respectively. Pritchard Equity's EBIT is A$4.1M making its interest coverage ratio 1.2. It has cash and short-term investments of A$885.4K.
Key information
3,194.9%
Debt to equity ratio
AU$150.27m
Debt
| Interest coverage ratio | 1.2x |
| Cash | AU$885.45k |
| Equity | AU$4.70m |
| Total liabilities | AU$152.26m |
| Total assets | AU$156.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PEQA's short term assets (A$153.2M) exceed its short term liabilities (A$152.3M).
Long Term Liabilities: PEQA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PEQA's net debt to equity ratio (3176.1%) is considered high.
Reducing Debt: PEQA's debt to equity ratio has reduced from 11523.2% to 3194.9% over the past 5 years.
Debt Coverage: PEQA's debt is not well covered by operating cash flow (0.2%).
Interest Coverage: PEQA's interest payments on its debt are not well covered by EBIT (1.2x coverage).