Petra Diamonds Balance Sheet Health
Financial Health criteria checks 2/6
Petra Diamonds has a total shareholder equity of $310.4M and total debt of $295.8M, which brings its debt-to-equity ratio to 95.3%. Its total assets and total liabilities are $894.6M and $584.2M respectively.
Key information
95.3%
Debt to equity ratio
US$295.80m
Debt
Interest coverage ratio | n/a |
Cash | US$56.60m |
Equity | US$310.40m |
Total liabilities | US$584.20m |
Total assets | US$894.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FPO's short term assets ($198.8M) exceed its short term liabilities ($107.6M).
Long Term Liabilities: FPO's short term assets ($198.8M) do not cover its long term liabilities ($476.6M).
Debt to Equity History and Analysis
Debt Level: FPO's net debt to equity ratio (77.1%) is considered high.
Reducing Debt: FPO's debt to equity ratio has reduced from 146.9% to 95.3% over the past 5 years.
Debt Coverage: FPO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if FPO's interest payments on its debt are well covered by EBIT.