PSC Insurance Group Balance Sheet Health
Financial Health criteria checks 5/6
PSC Insurance Group has a total shareholder equity of A$473.4M and total debt of A$212.0M, which brings its debt-to-equity ratio to 44.8%. Its total assets and total liabilities are A$1.1B and A$619.9M respectively. PSC Insurance Group's EBIT is A$79.4M making its interest coverage ratio 91.7. It has cash and short-term investments of A$66.8M.
Key information
44.8%
Debt to equity ratio
AU$212.00m
Debt
Interest coverage ratio | 91.7x |
Cash | AU$66.82m |
Equity | AU$473.40m |
Total liabilities | AU$619.91m |
Total assets | AU$1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSI's short term assets (A$409.1M) exceed its short term liabilities (A$338.8M).
Long Term Liabilities: PSI's short term assets (A$409.1M) exceed its long term liabilities (A$281.1M).
Debt to Equity History and Analysis
Debt Level: PSI's net debt to equity ratio (30.7%) is considered satisfactory.
Reducing Debt: PSI's debt to equity ratio has increased from 40.4% to 44.8% over the past 5 years.
Debt Coverage: PSI's debt is well covered by operating cash flow (36.2%).
Interest Coverage: PSI's interest payments on its debt are well covered by EBIT (91.7x coverage).