Pinetree Capital Balance Sheet Health
Financial Health criteria checks 5/6
Pinetree Capital has a total shareholder equity of CA$56.5M and total debt of CA$198.0K, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are CA$56.8M and CA$335.0K respectively. Pinetree Capital's EBIT is CA$17.6M making its interest coverage ratio 1097.6. It has cash and short-term investments of CA$1.1M.
Key information
0.4%
Debt to equity ratio
CA$198.00k
Debt
| Interest coverage ratio | 1097.6x |
| Cash | CA$1.06m |
| Equity | CA$56.49m |
| Total liabilities | CA$335.00k |
| Total assets | CA$56.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PI1's short term assets (CA$1.2M) exceed its short term liabilities (CA$335.0K).
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 0.4% over the past 5 years.
Debt Coverage: PI1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PI1's interest payments on its debt are well covered by EBIT (1097.6x coverage).