Praemium Balance Sheet Health
Financial Health criteria checks 6/6
Praemium has a total shareholder equity of A$105.7M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$123.6M and A$17.9M respectively. Praemium's EBIT is A$12.3M making its interest coverage ratio -9.4. It has cash and short-term investments of A$41.0M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -9.4x |
Cash | AU$40.95m |
Equity | AU$105.65m |
Total liabilities | AU$17.91m |
Total assets | AU$123.56m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPS's short term assets (A$52.9M) exceed its short term liabilities (A$15.9M).
Long Term Liabilities: PPS's short term assets (A$52.9M) exceed its long term liabilities (A$2.0M).
Debt to Equity History and Analysis
Debt Level: PPS is debt free.
Reducing Debt: PPS had no debt 5 years ago.
Debt Coverage: PPS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PPS has no debt, therefore coverage of interest payments is not a concern.