Profire Energy Balance Sheet Health
Financial Health criteria checks 6/6
Profire Energy has a total shareholder equity of $56.8M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $66.3M and $9.5M respectively. Profire Energy's EBIT is $11.9M making its interest coverage ratio -31.1. It has cash and short-term investments of $13.6M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -31.1x |
Cash | US$13.57m |
Equity | US$56.84m |
Total liabilities | US$9.46m |
Total assets | US$66.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFR's short term assets ($44.5M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: PFR's short term assets ($44.5M) exceed its long term liabilities ($360.1K).
Debt to Equity History and Analysis
Debt Level: PFR is debt free.
Reducing Debt: PFR has not had any debt for past 5 years.
Debt Coverage: PFR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PFR has no debt, therefore coverage of interest payments is not a concern.