Pennant International Group Balance Sheet Health
Financial Health criteria checks 3/6
Pennant International Group has a total shareholder equity of £10.2M and total debt of £2.7M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are £20.5M and £10.2M respectively.
Key information
26.1%
Debt to equity ratio
UK£2.67m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£749.00k |
| Equity | UK£10.24m |
| Total liabilities | UK£10.24m |
| Total assets | UK£20.47m |
Recent financial health updates
Recent updates
Investors Holding Back On Pennant International Group plc (LON:PEN)
Feb 09
Here's Why Pennant International Group (LON:PEN) Can Afford Some Debt
Sep 30Is It Too Late To Consider Buying Pennant International Group plc (LON:PEN)?
Sep 01Key Things To Understand About Pennant International Group's (LON:PEN) CEO Pay Cheque
Dec 23
Financial Position Analysis
Short Term Liabilities: PEN's short term assets (£6.7M) do not cover its short term liabilities (£9.7M).
Long Term Liabilities: PEN's short term assets (£6.7M) exceed its long term liabilities (£583.0K).
Debt to Equity History and Analysis
Debt Level: PEN's net debt to equity ratio (18.7%) is considered satisfactory.
Reducing Debt: PEN's debt to equity ratio has increased from 0% to 26.1% over the past 5 years.
Debt Coverage: PEN's debt is well covered by operating cash flow (100.6%).
Interest Coverage: Insufficient data to determine if PEN's interest payments on its debt are well covered by EBIT.