Porvair Financial Health
Financial Health criteria checks 6/6
Porvair has a total shareholder equity of £131.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £187.7M and £56.6M respectively. Porvair's EBIT is £19.6M making its interest coverage ratio 27.1. It has cash and short-term investments of £18.3M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 27.1x |
| Cash | UK£18.30m |
| Equity | UK£131.07m |
| Total liabilities | UK£56.63m |
| Total assets | UK£187.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRVl's short term assets (£74.3M) exceed its short term liabilities (£34.4M).
Long Term Liabilities: PRVl's short term assets (£74.3M) exceed its long term liabilities (£22.3M).
Debt to Equity History and Analysis
Debt Level: PRVl is debt free.
Reducing Debt: PRVl has no debt compared to 5 years ago when its debt to equity ratio was 3.6%.
Debt Coverage: PRVl has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PRVl has no debt, therefore coverage of interest payments is not a concern.