Patronus Resources Balance Sheet Health
Financial Health criteria checks 6/6
Patronus Resources has a total shareholder equity of A$84.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$86.2M and A$2.2M respectively. Patronus Resources's EBIT is A$46.9M making its interest coverage ratio -3545.7. It has cash and short-term investments of A$85.1M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -3545.7x |
| Cash | AU$85.05m |
| Equity | AU$84.00m |
| Total liabilities | AU$2.24m |
| Total assets | AU$86.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTN's short term assets (A$85.8M) exceed its short term liabilities (A$792.8K).
Long Term Liabilities: PTN's short term assets (A$85.8M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: PTN is debt free.
Reducing Debt: PTN had no debt 5 years ago.
Debt Coverage: PTN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTN has no debt, therefore coverage of interest payments is not a concern.