Pennant Group Balance Sheet Health
Financial Health criteria checks 3/6
Pennant Group has a total shareholder equity of $187.3M and total debt of $108.9M, which brings its debt-to-equity ratio to 58.1%. Its total assets and total liabilities are $646.8M and $459.5M respectively. Pennant Group's EBIT is $35.8M making its interest coverage ratio 4.5. It has cash and short-term investments of $4.5M.
Key information
58.1%
Debt to equity ratio
US$108.88m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$4.46m |
| Equity | US$187.29m |
| Total liabilities | US$459.47m |
| Total assets | US$646.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1ZU's short term assets ($101.8M) exceed its short term liabilities ($90.6M).
Long Term Liabilities: 1ZU's short term assets ($101.8M) do not cover its long term liabilities ($368.9M).
Debt to Equity History and Analysis
Debt Level: 1ZU's net debt to equity ratio (55.7%) is considered high.
Reducing Debt: 1ZU's debt to equity ratio has increased from 0% to 58.1% over the past 5 years.
Debt Coverage: 1ZU's debt is well covered by operating cash flow (22%).
Interest Coverage: 1ZU's interest payments on its debt are well covered by EBIT (4.5x coverage).