Pennant International Group Balance Sheet Health
Financial Health criteria checks 3/6
Pennant International Group has a total shareholder equity of £10.5M and total debt of £2.8M, which brings its debt-to-equity ratio to 27%. Its total assets and total liabilities are £17.9M and £7.4M respectively.
Key information
27.0%
Debt to equity ratio
UK£2.84m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.28m |
| Equity | UK£10.53m |
| Total liabilities | UK£7.41m |
| Total assets | UK£17.94m |
Recent financial health updates
Recent updates
Should You Investigate Pennant International Group plc (LON:PEN) At UK£0.27?
Sep 04
Investors Holding Back On Pennant International Group plc (LON:PEN)
Feb 09Here'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 (£5.2M) do not cover its short term liabilities (£6.7M).
Long Term Liabilities: PEN's short term assets (£5.2M) exceed its long term liabilities (£693.0K).
Debt to Equity History and Analysis
Debt Level: PEN's net debt to equity ratio (14.8%) is considered satisfactory.
Reducing Debt: PEN's debt to equity ratio has increased from 2.9% to 27% over the past 5 years.
Debt Coverage: PEN's debt is well covered by operating cash flow (45%).
Interest Coverage: Insufficient data to determine if PEN's interest payments on its debt are well covered by EBIT.