Platina Resources Balance Sheet Health
Financial Health criteria checks 6/6
Platina Resources has a total shareholder equity of A$18.9M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$20.3M and A$1.4M respectively. Platina Resources's EBIT is A$14.3M making its interest coverage ratio -268.7. It has cash and short-term investments of A$7.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | -268.7x |
| Cash | AU$7.56m |
| Equity | AU$18.90m |
| Total liabilities | AU$1.37m |
| Total assets | AU$20.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P4R's short term assets (A$14.3M) exceed its short term liabilities (A$1.3M).
Long Term Liabilities: P4R's short term assets (A$14.3M) exceed its long term liabilities (A$21.4K).
Debt to Equity History and Analysis
Debt Level: P4R is debt free.
Reducing Debt: P4R has not had any debt for past 5 years.
Debt Coverage: P4R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: P4R has no debt, therefore coverage of interest payments is not a concern.