PolyNovo Balance Sheet Health
Financial Health criteria checks 5/6
PolyNovo has a total shareholder equity of A$72.1M and total debt of A$2.6M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are A$108.7M and A$36.6M respectively. PolyNovo's EBIT is A$897.0K making its interest coverage ratio -1.1. It has cash and short-term investments of A$46.0M.
Key information
3.6%
Debt to equity ratio
AU$2.63m
Debt
| Interest coverage ratio | -1.1x |
| Cash | AU$45.96m |
| Equity | AU$72.12m |
| Total liabilities | AU$36.60m |
| Total assets | AU$108.72m |
Recent financial health updates
Health Check: How Prudently Does PolyNovo (ASX:PNV) Use Debt?
Sep 22
We Think PolyNovo (ASX:PNV) Is Taking Some Risk With Its Debt
Apr 28Is PolyNovo (ASX:PNV) Weighed On By Its Debt Load?
Dec 13Is PolyNovo (ASX:PNV) Using Debt In A Risky Way?
May 08Recent updates
Is It Time To Consider Buying PolyNovo Limited (ASX:PNV)?
Oct 10PolyNovo (ASX:PNV) Is Experiencing Growth In Returns On Capital
Aug 28PolyNovo Limited's (ASX:PNV) P/S Is On The Mark
Aug 06PolyNovo Limited's (ASX:PNV) P/S Is On The Mark
May 08When Should You Buy PolyNovo Limited (ASX:PNV)?
Feb 28Why Investors Shouldn't Be Surprised By PolyNovo Limited's (ASX:PNV) P/S
Feb 02PolyNovo Limited (ASX:PNV) Shares Could Be 47% Below Their Intrinsic Value Estimate
Jan 08Health Check: How Prudently Does PolyNovo (ASX:PNV) Use Debt?
Sep 22When Should You Buy PolyNovo Limited (ASX:PNV)?
Jun 26Are Investors Undervaluing PolyNovo Limited (ASX:PNV) By 29%?
May 30Shareholders Should Be Pleased With PolyNovo Limited's (ASX:PNV) Price
Apr 18Is It Too Late To Consider Buying PolyNovo Limited (ASX:PNV)?
Mar 23Is PolyNovo Limited (ASX:PNV) Worth AU$2.6 Based On Its Intrinsic Value?
Feb 05Returns At PolyNovo (ASX:PNV) Are On The Way Up
Nov 16PolyNovo Limited's (ASX:PNV) Intrinsic Value Is Potentially 95% Above Its Share Price
Nov 01What Does PolyNovo Limited's (ASX:PNV) Share Price Indicate?
Jul 29PolyNovo (ASX:PNV) Is Looking To Continue Growing Its Returns On Capital
Jun 15Estimating The Fair Value Of PolyNovo Limited (ASX:PNV)
May 16We Think PolyNovo (ASX:PNV) Is Taking Some Risk With Its Debt
Apr 28There's Been No Shortage Of Growth Recently For PolyNovo's (ASX:PNV) Returns On Capital
Mar 07Is PolyNovo (ASX:PNV) Weighed On By Its Debt Load?
Dec 13PolyNovo Limited's (ASX:PNV) CEO Compensation Looks Acceptable To Us And Here's Why
Oct 19Is PolyNovo (ASX:PNV) Using Debt In A Risky Way?
May 08News Flash: 7 Analysts Think PolyNovo Limited (ASX:PNV) Earnings Are Under Threat
Feb 27Earnings Update: PolyNovo Limited (ASX:PNV) Just Reported And Analysts Are Trimming Their Forecasts
Feb 25Is PolyNovo Limited (ASX:PNV) Potentially Undervalued?
Feb 17Financial Position Analysis
Short Term Liabilities: PNV's short term assets (A$79.3M) exceed its short term liabilities (A$23.2M).
Long Term Liabilities: PNV's short term assets (A$79.3M) exceed its long term liabilities (A$13.3M).
Debt to Equity History and Analysis
Debt Level: PNV has more cash than its total debt.
Reducing Debt: PNV's debt to equity ratio has increased from 0% to 3.6% over the past 5 years.
Debt Coverage: PNV's debt is well covered by operating cash flow (140%).
Interest Coverage: PNV earns more interest than it pays, so coverage of interest payments is not a concern.