Platinum Investment Management Balance Sheet Health
Financial Health criteria checks 6/6
Platinum Investment Management has a total shareholder equity of A$316.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$346.2M and A$29.4M respectively. Platinum Investment Management's EBIT is A$81.3M making its interest coverage ratio 187.7. It has cash and short-term investments of A$250.3M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 187.7x |
| Cash | AU$250.28m |
| Equity | AU$316.80m |
| Total liabilities | AU$29.41m |
| Total assets | AU$346.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIJ's short term assets (A$270.4M) exceed its short term liabilities (A$16.5M).
Long Term Liabilities: PIJ's short term assets (A$270.4M) exceed its long term liabilities (A$13.0M).
Debt to Equity History and Analysis
Debt Level: PIJ is debt free.
Reducing Debt: PIJ has not had any debt for past 5 years.
Debt Coverage: PIJ has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PIJ has no debt, therefore coverage of interest payments is not a concern.