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 ratio27.1x
CashUK£18.30m
EquityUK£131.07m
Total liabilitiesUK£56.63m
Total assetsUK£187.70m

Recent financial health updates

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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.


Balance Sheet


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