This company listing is no longer active
PSC Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
PSC Insurance Group has a total shareholder equity of A$495.7M and total debt of A$213.2M, which brings its debt-to-equity ratio to 43%. Its total assets and total liabilities are A$1.2B and A$692.0M respectively. PSC Insurance Group's EBIT is A$80.9M making its interest coverage ratio -197.4. It has cash and short-term investments of A$72.4M.
Key information
43.0%
Debt to equity ratio
AU$213.22m
Debt
| Interest coverage ratio | -197.4x |
| Cash | AU$72.38m |
| Equity | AU$495.67m |
| Total liabilities | AU$691.99m |
| Total assets | AU$1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSI's short term assets (A$500.1M) exceed its short term liabilities (A$406.8M).
Long Term Liabilities: PSI's short term assets (A$500.1M) exceed its long term liabilities (A$285.2M).
Debt to Equity History and Analysis
Debt Level: PSI's net debt to equity ratio (28.4%) is considered satisfactory.
Reducing Debt: PSI's debt to equity ratio has increased from 37.8% to 43% over the past 5 years.
Debt Coverage: PSI's debt is well covered by operating cash flow (40%).
Interest Coverage: PSI earns more interest than it pays, so coverage of interest payments is not a concern.