PlaySide Studios Balance Sheet Health
Financial Health criteria checks 6/6
PlaySide Studios has a total shareholder equity of A$48.5M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$61.6M and A$13.1M respectively. PlaySide Studios's EBIT is A$8.0M making its interest coverage ratio -12.4. It has cash and short-term investments of A$38.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
Interest coverage ratio | -12.4x |
Cash | AU$38.63m |
Equity | AU$48.53m |
Total liabilities | AU$13.11m |
Total assets | AU$61.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: QJ9's short term assets (A$47.2M) exceed its short term liabilities (A$11.4M).
Long Term Liabilities: QJ9's short term assets (A$47.2M) exceed its long term liabilities (A$1.8M).
Debt to Equity History and Analysis
Debt Level: QJ9 is debt free.
Reducing Debt: QJ9 has no debt compared to 5 years ago when its debt to equity ratio was 1%.
Debt Coverage: QJ9 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: QJ9 has no debt, therefore coverage of interest payments is not a concern.