Platina Resources Balance Sheet Health
Financial Health criteria checks 6/6
Platina Resources has a total shareholder equity of A$14.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$15.3M and A$454.7K respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | n/a |
Cash | AU$9.09m |
Equity | AU$14.85m |
Total liabilities | AU$454.70k |
Total assets | AU$15.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P4R's short term assets (A$9.2M) exceed its short term liabilities (A$435.6K).
Long Term Liabilities: P4R's short term assets (A$9.2M) exceed its long term liabilities (A$19.1K).
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.