Perpetual Balance Sheet Health
Financial Health criteria checks 3/6
Perpetual has a total shareholder equity of A$2.3B and total debt of A$713.7M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are A$3.8B and A$1.6B respectively. Perpetual's EBIT is A$169.7M making its interest coverage ratio 2.5. It has cash and short-term investments of A$189.5M.
Key information
31.6%
Debt to equity ratio
AU$713.70m
Debt
Interest coverage ratio | 2.5x |
Cash | AU$189.50m |
Equity | AU$2.26b |
Total liabilities | AU$1.57b |
Total assets | AU$3.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVQ's short term assets (A$628.6M) exceed its short term liabilities (A$439.7M).
Long Term Liabilities: PVQ's short term assets (A$628.6M) do not cover its long term liabilities (A$1.1B).
Debt to Equity History and Analysis
Debt Level: PVQ's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: PVQ's debt to equity ratio has increased from 13.2% to 31.6% over the past 5 years.
Debt Coverage: PVQ's debt is well covered by operating cash flow (30.7%).
Interest Coverage: PVQ's interest payments on its debt are not well covered by EBIT (2.5x coverage).