Prestal Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Prestal Holdings has a total shareholder equity of A$68.7M and total debt of A$5.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are A$80.6M and A$11.9M respectively. Prestal Holdings's EBIT is A$7.2M making its interest coverage ratio 21.6. It has cash and short-term investments of A$62.1M.

Key information

0.007%

Debt to equity ratio

AU$5.00k

Debt

Interest coverage ratio	21.6x
Cash	AU$62.05m
Equity	AU$68.72m
Total liabilities	AU$11.90m
Total assets	AU$80.61m

Recent financial health updates

Pental (ASX:PTL) Seems To Use Debt Rather Sparingly

Dec 20

Recent updates

Financial Position Analysis

Short Term Liabilities: PTL's short term assets (A$74.4M) exceed its short term liabilities (A$11.4M).

Long Term Liabilities: PTL's short term assets (A$74.4M) exceed its long term liabilities (A$541.0K).

Debt to Equity History and Analysis

Debt Level: PTL has more cash than its total debt.

Reducing Debt: PTL's debt to equity ratio has increased from 0% to 0.01% over the past 5 years.

Debt Coverage: PTL's debt is well covered by operating cash flow (246920%).

Interest Coverage: PTL's interest payments on its debt are well covered by EBIT (21.6x coverage).

Prestal Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Pental (ASX:PTL) Seems To Use Debt Rather Sparingly

Recent updates

First half 2024 earnings released: AU$0.12 loss per share (vs AU$0.013 profit in 1H 2023)

First half dividend of AU$0.06 announced

Insufficient new directors

Prestal Holdings Limited Announces Board Retirements

Pental Limited, Annual General Meeting, Nov 30, 2023

Selleys entered into binding transaction agreement to acquire Shepparton manufacturing facility from Pental Limited (ASX:PTL) for AUD 15 million.

Selleys entered into binding transaction agreement to acquire Shepparton manufacturing facility from Pental Limited (ASX:PTL) for AUD 15 million.

Upcoming dividend of AU$0.01 per share at 6.7% yield

Pental (ASX:PTL) Is Reducing Its Dividend To A$0.01

Price target decreased by 11% to AU$0.39

Full year 2023 earnings released: EPS: AU$0.029 (vs AU$0.039 in FY 2022)

New minor risk - Financial data availability

Pental (ASX:PTL) Is Paying Out A Dividend Of A$0.013

First half 2023 earnings released: EPS: AU$0.02 (vs AU$0.027 in 1H 2022)

Pental Limited Announces Distribution for the Six Months Period Ended December 25, 2022, Payable on March 22, 2023

Consensus EPS estimates fall by 25%

Pental (ASX:PTL) Seems To Use Debt Rather Sparingly

Pental Limited Provides Earnings Guidance for Full Year Fiscal Year 2023

Price target decreased to AU$0.65

Pental Limited, Annual General Meeting, Nov 17, 2022

Upcoming dividend of AU$0.017 per share

Full year 2022 earnings released: EPS: AU$0.039 (vs AU$0.039 in FY 2021)

Pental Limited Announces Distribution for the Period of six Months Ended June 30, 2022, Payable on September 23, 2022

Price target decreased to AU$0.50

High number of new and inexperienced directors

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Pental Limited Provides Earnings Guidance for the Year 2022

Price target decreased to AU$0.50

Pental Limited Provides Earnings Guidance for the Half Year Ending 26 December 2021 and Full Year of Fiscal Year 2022

Pental Limited (ASX:PTL) completed the acquisition of Hampers With Bite Pty. Ltd.

Upcoming dividend of AU$0.016 per share

Pental's (ASX:PTL) Upcoming Dividend Will Be Larger Than Last Year's

Full year 2021 earnings released: EPS AU$0.039 (vs AU$0.037 in FY 2020)

Pental Limited (ASX:PTL) entered into an acquisition agreement to acquire Hampers with Bite Pty Ltd ("HWB") for AUD 28.2 million.

Pental (ASX:PTL) Shareholders Will Want The ROCE Trajectory To Continue

Non-Executive Independent Director has left the company

Here's Why I Think Pental (ASX:PTL) Is An Interesting Stock

Would Pental Limited (ASX:PTL) Be Valuable To Income Investors?

New 90-day low: AU$0.37

Is It Worth Considering Pental Limited (ASX:PTL) For Its Upcoming Dividend?

First half 2021 earnings released: EPS AU$0.021 (vs AU$0.011 in 1H 2020)

Pental Limited Announces Changes to Duracell Distribution, Effective May 10, 2021

We Like These Underlying Trends At Pental (ASX:PTL)

Pental Limited Announces Board Changes

Pental Limited's (ASX:PTL) Dismal Stock Performance Reflects Weak Fundamentals

Is Pental Limited (ASX:PTL) A Smart Pick For Income Investors?

New 90-day low: AU$0.40

New 90-day high - AU$0.41

New 90-day high - AU$0.41

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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