Pinetree Capital Balance Sheet Health
Financial Health criteria checks 6/6
Pinetree Capital has a total shareholder equity of CA$60.3M and total debt of CA$192.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CA$60.7M and CA$361.0K respectively. Pinetree Capital's EBIT is CA$19.1M making its interest coverage ratio 1191.7. It has cash and short-term investments of CA$3.9M.
Key information
0.3%
Debt to equity ratio
CA$192.00k
Debt
| Interest coverage ratio | 1191.7x |
| Cash | CA$3.93m |
| Equity | CA$60.34m |
| Total liabilities | CA$361.00k |
| Total assets | CA$60.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PI1's short term assets (CA$4.0M) exceed its short term liabilities (CA$361.0K).
Long Term Liabilities: PI1 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PI1 has more cash than its total debt.
Reducing Debt: PI1's debt to equity ratio has reduced from 1.2% to 0.3% over the past 5 years.
Debt Coverage: PI1's debt is well covered by operating cash flow (652.6%).
Interest Coverage: PI1's interest payments on its debt are well covered by EBIT (1191.7x coverage).