Po Valley Energy Balance Sheet Health
Financial Health criteria checks 6/6
Po Valley Energy has a total shareholder equity of €13.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €14.9M and €1.4M respectively. Po Valley Energy's EBIT is €941.4K making its interest coverage ratio -472.1. It has cash and short-term investments of €1.3M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -472.1x |
| Cash | €1.25m |
| Equity | €13.54m |
| Total liabilities | €1.40m |
| Total assets | €14.94m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PVE's short term assets (€1.9M) exceed its short term liabilities (€325.7K).
Long Term Liabilities: PVE's short term assets (€1.9M) exceed its long term liabilities (€1.1M).
Debt to Equity History and Analysis
Debt Level: PVE is debt free.
Reducing Debt: PVE has no debt compared to 5 years ago when its debt to equity ratio was 48.4%.
Debt Coverage: PVE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PVE has no debt, therefore coverage of interest payments is not a concern.