Pilbara Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Pilbara Minerals has a total shareholder equity of A$3.2B and total debt of A$452.5M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are A$4.4B and A$1.2B respectively. Pilbara Minerals's EBIT is A$1.8B making its interest coverage ratio -20.5. It has cash and short-term investments of A$2.1B.
Key information
14.1%
Debt to equity ratio
AU$452.52m
Debt
| Interest coverage ratio | -20.5x |
| Cash | AU$2.14b |
| Equity | AU$3.21b |
| Total liabilities | AU$1.19b |
| Total assets | AU$4.40b |
Recent financial health updates
We Think Pilbara Minerals (ASX:PLS) Can Stay On Top Of Its Debt
Apr 07
Pilbara Minerals (ASX:PLS) Seems To Use Debt Rather Sparingly
Nov 04Pilbara Minerals (ASX:PLS) Could Easily Take On More Debt
Apr 08Pilbara Minerals (ASX:PLS) Seems To Use Debt Quite Sensibly
Oct 28Pilbara Minerals (ASX:PLS) Has A Pretty Healthy Balance Sheet
Jul 01Recent updates
We Think Pilbara Minerals (ASX:PLS) Can Stay On Top Of Its Debt
Apr 07Returns on Capital Paint A Bright Future For Pilbara Minerals (ASX:PLS)
Mar 20Pilbara Minerals Limited (ASX:PLS) Held Back By Insufficient Growth Even After Shares Climb 27%
Mar 02Is Pilbara Minerals Limited (ASX:PLS) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 11Pilbara Minerals Limited (ASX:PLS) Analysts Just Cut Their EPS Forecasts Substantially
Jan 25Is Now The Time To Put Pilbara Minerals (ASX:PLS) On Your Watchlist?
Dec 06Pilbara Minerals (ASX:PLS) Seems To Use Debt Rather Sparingly
Nov 04Analysts Are More Bearish On Pilbara Minerals Limited (ASX:PLS) Than They Used To Be
Oct 20A Look At The Fair Value Of Pilbara Minerals Limited (ASX:PLS)
Oct 06Pilbara Minerals Limited's (ASX:PLS) Share Price Is Matching Sentiment Around Its Earnings
Sep 18Does Pilbara Minerals (ASX:PLS) Deserve A Spot On Your Watchlist?
Aug 25Calculating The Fair Value Of Pilbara Minerals Limited (ASX:PLS)
May 20Pilbara Minerals (ASX:PLS) Could Easily Take On More Debt
Apr 08Pilbara Minerals Limited's (ASX:PLS) Intrinsic Value Is Potentially 35% Above Its Share Price
Feb 06Returns On Capital Are A Standout For Pilbara Minerals (ASX:PLS)
Nov 29Pilbara Minerals (ASX:PLS) Seems To Use Debt Quite Sensibly
Oct 28Pilbara Minerals Limited (ASX:PLS) Shares Could Be 48% Below Their Intrinsic Value Estimate
Sep 15Pilbara Minerals (ASX:PLS) Shareholders Will Want The ROCE Trajectory To Continue
Jul 29Pilbara Minerals (ASX:PLS) Has A Pretty Healthy Balance Sheet
Jul 01Pilbara Minerals (ASX:PLS) Might Have The Makings Of A Multi-Bagger
Apr 12Estimating The Fair Value Of Pilbara Minerals Limited (ASX:PLS)
Mar 21The Strong Earnings Posted By Pilbara Minerals (ASX:PLS) Are A Good Indication Of The Strength Of The Business
Feb 28Financial Position Analysis
Short Term Liabilities: PLS's short term assets (A$2.4B) exceed its short term liabilities (A$552.3M).
Long Term Liabilities: PLS's short term assets (A$2.4B) exceed its long term liabilities (A$639.8M).
Debt to Equity History and Analysis
Debt Level: PLS has more cash than its total debt.
Reducing Debt: PLS's debt to equity ratio has reduced from 41.3% to 14.1% over the past 5 years.
Debt Coverage: PLS's debt is well covered by operating cash flow (294.6%).
Interest Coverage: PLS earns more interest than it pays, so coverage of interest payments is not a concern.