Pilbara Minerals Balance Sheet Health
Financial Health criteria checks 5/6
Pilbara Minerals has a total shareholder equity of A$3.2B and total debt of A$446.9M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are A$4.3B and A$1.1B respectively. Pilbara Minerals's EBIT is A$396.3M making its interest coverage ratio -4.7. It has cash and short-term investments of A$1.6B.
Key information
13.8%
Debt to equity ratio
AU$446.87m
Debt
| Interest coverage ratio | -4.7x |
| Cash | AU$1.63b |
| Equity | AU$3.24b |
| Total liabilities | AU$1.07b |
| Total assets | AU$4.31b |
Recent financial health updates
Pilbara Minerals (ASX:PLS) Has A Pretty Healthy Balance Sheet
Sep 16
We Think Pilbara Minerals (ASX:PLS) Can Stay On Top Of Its Debt
Apr 07Pilbara 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
Pilbara Minerals (ASX:PLS) Has A Pretty Healthy Balance Sheet
Sep 16Pilbara Minerals Limited (ASX:PLS) Annual Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 29Lacklustre Performance Is Driving Pilbara Minerals Limited's (ASX:PLS) Low P/E
Jul 19Why We Like The Returns At Pilbara Minerals (ASX:PLS)
Jun 22Pilbara Minerals Limited (ASX:PLS) Shares Could Be 44% Below Their Intrinsic Value Estimate
May 13We 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 12Financial Position Analysis
Short Term Liabilities: PLS's short term assets (A$1.9B) exceed its short term liabilities (A$430.5M).
Long Term Liabilities: PLS's short term assets (A$1.9B) exceed its long term liabilities (A$634.6M).
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 36.9% to 13.8% over the past 5 years.
Debt Coverage: PLS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLS earns more interest than it pays, so coverage of interest payments is not a concern.