Pason Systems Balance Sheet Health
Financial Health criteria checks 6/6
Pason Systems has a total shareholder equity of CA$401.0M and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$487.9M and CA$86.9M respectively. Pason Systems's EBIT is CA$134.3M making its interest coverage ratio -9.3. It has cash and short-term investments of CA$171.8M.
Key information
0%
Debt to equity ratio
CA$0
Debt
Interest coverage ratio | -9.3x |
Cash | CA$171.77m |
Equity | CA$400.96m |
Total liabilities | CA$86.92m |
Total assets | CA$487.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3PS's short term assets (CA$267.9M) exceed its short term liabilities (CA$55.3M).
Long Term Liabilities: 3PS's short term assets (CA$267.9M) exceed its long term liabilities (CA$31.6M).
Debt to Equity History and Analysis
Debt Level: 3PS is debt free.
Reducing Debt: 3PS has not had any debt for past 5 years.
Debt Coverage: 3PS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3PS has no debt, therefore coverage of interest payments is not a concern.