Photronics Balance Sheet Health
Financial Health criteria checks 6/6
Photronics has a total shareholder equity of $1.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $1.6B and $235.8M respectively. Photronics's EBIT is $254.6M making its interest coverage ratio -14.9. It has cash and short-term investments of $521.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -14.9x |
Cash | US$521.51m |
Equity | US$1.35b |
Total liabilities | US$235.78m |
Total assets | US$1.58b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PQ2's short term assets ($807.7M) exceed its short term liabilities ($185.3M).
Long Term Liabilities: PQ2's short term assets ($807.7M) exceed its long term liabilities ($50.5M).
Debt to Equity History and Analysis
Debt Level: PQ2 is debt free.
Reducing Debt: PQ2 has no debt compared to 5 years ago when its debt to equity ratio was 9%.
Debt Coverage: PQ2 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PQ2 has no debt, therefore coverage of interest payments is not a concern.