Pegmont Mines Balance Sheet Health
Financial Health criteria checks 6/6
Pegmont Mines has a total shareholder equity of A$1.0M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$1.1M and A$55.4K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$857.96k |
| Equity | AU$1.01m |
| Total liabilities | AU$55.37k |
| Total assets | AU$1.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMI's short term assets (A$868.5K) exceed its short term liabilities (A$55.4K).
Long Term Liabilities: PMI has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PMI is debt free.
Reducing Debt: PMI has no debt compared to 5 years ago when its debt to equity ratio was 6.2%.
Debt Coverage: PMI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PMI has no debt, therefore coverage of interest payments is not a concern.