Porvair Balance Sheet Health
Financial Health criteria checks 6/6
Porvair has a total shareholder equity of £140.4M and total debt of £2.8M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are £196.1M and £55.6M respectively. Porvair's EBIT is £20.9M making its interest coverage ratio 30. It has cash and short-term investments of £16.8M.
Key information
2.0%
Debt to equity ratio
UK£2.79m
Debt
| Interest coverage ratio | 30x |
| Cash | UK£16.84m |
| Equity | UK£140.44m |
| Total liabilities | UK£55.63m |
| Total assets | UK£196.07m |
Recent financial health updates
Recent updates
Analyst Estimates: Here's What Brokers Think Of Porvair plc (LON:PRV) After Its Yearly Report
Feb 08
Is Now The Time To Look At Buying Porvair plc (LON:PRV)?
Dec 13Do Porvair's (LON:PRV) Earnings Warrant Your Attention?
Jul 05What Does Porvair plc's (LON:PRV) Share Price Indicate?
Mar 27Porvair's (LON:PRV) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 08Is It Time To Consider Buying Porvair plc (LON:PRV)?
May 09Here's What's Concerning About Porvair's (LON:PRV) Returns On Capital
Apr 08Should Porvair plc (LON:PRV) Be Part Of Your Dividend Portfolio?
Mar 24Can You Imagine How Porvair's (LON:PRV) Shareholders Feel About The 79% Share Price Increase?
Mar 09Porvair plc's (LON:PRV) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Feb 22We Think Porvair (LON:PRV) Can Stay On Top Of Its Debt
Feb 02
Returns On Capital At Porvair (LON:PRV) Paint An Interesting Picture
Jan 06Is There Now An Opportunity In Porvair plc (LON:PRV)?
Dec 11Financial Position Analysis
Short Term Liabilities: PRV's short term assets (£72.3M) exceed its short term liabilities (£32.5M).
Long Term Liabilities: PRV's short term assets (£72.3M) exceed its long term liabilities (£23.1M).
Debt to Equity History and Analysis
Debt Level: PRV has more cash than its total debt.
Reducing Debt: PRV's debt to equity ratio has reduced from 5.4% to 2% over the past 5 years.
Debt Coverage: PRV's debt is well covered by operating cash flow (739.1%).
Interest Coverage: PRV's interest payments on its debt are well covered by EBIT (30x coverage).