Panamax Balance Sheet Health
Financial Health criteria checks 3/6
Panamax has a total shareholder equity of €-1.0 and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €444.2K and €444.2K respectively. Panamax's EBIT is €25.4K making its interest coverage ratio 2.5. It has cash and short-term investments of €83.5K.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 2.5x |
Cash | €83.53k |
Equity | -€1.00 |
Total liabilities | €444.24k |
Total assets | €444.24k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ICP has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ICP has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ICP is debt free.
Reducing Debt: ICP's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ICP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ICP has no debt, therefore coverage of interest payments is not a concern.