Prestal Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Prestal Holdings has a total shareholder equity of A$26.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$30.3M and A$3.4M respectively. Prestal Holdings's EBIT is A$2.3M making its interest coverage ratio 20. It has cash and short-term investments of A$21.8M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 20x |
| Cash | AU$21.80m |
| Equity | AU$26.85m |
| Total liabilities | AU$3.41m |
| Total assets | AU$30.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTL's short term assets (A$24.2M) exceed its short term liabilities (A$1.9M).
Long Term Liabilities: PTL's short term assets (A$24.2M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: PTL is debt free.
Reducing Debt: PTL had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PTL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PTL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.1% per year.