PNE Balance Sheet Health
Financial Health criteria checks 1/6
PNE has a total shareholder equity of €197.5M and total debt of €532.6M, which brings its debt-to-equity ratio to 269.7%. Its total assets and total liabilities are €987.0M and €789.5M respectively.
Key information
269.7%
Debt to equity ratio
€532.58m
Debt
| Interest coverage ratio | n/a |
| Cash | €83.81m |
| Equity | €197.49m |
| Total liabilities | €789.52m |
| Total assets | €987.02m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNE3D's short term assets (€371.7M) exceed its short term liabilities (€139.6M).
Long Term Liabilities: PNE3D's short term assets (€371.7M) do not cover its long term liabilities (€650.0M).
Debt to Equity History and Analysis
Debt Level: PNE3D's net debt to equity ratio (227.2%) is considered high.
Reducing Debt: PNE3D's debt to equity ratio has increased from 72.9% to 269.7% over the past 5 years.
Debt Coverage: PNE3D's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PNE3D's interest payments on its debt are well covered by EBIT.