Patria Private Equity Trust Balance Sheet Health
Financial Health criteria checks 3/6
Patria Private Equity Trust has a total shareholder equity of £1.2B and total debt of £135.5M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are £1.3B and £143.0M respectively. Patria Private Equity Trust's EBIT is £55.6M making its interest coverage ratio 9.4. It has cash and short-term investments of £27.4M.
Key information
11.3%
Debt to equity ratio
UK£135.52m
Debt
| Interest coverage ratio | 9.4x |
| Cash | UK£27.44m |
| Equity | UK£1.20b |
| Total liabilities | UK£142.95m |
| Total assets | UK£1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPETL's short term assets (£27.6M) do not cover its short term liabilities (£143.0M).
Long Term Liabilities: PPETL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PPETL's net debt to equity ratio (9%) is considered satisfactory.
Reducing Debt: PPETL's debt to equity ratio has increased from 0% to 11.3% over the past 5 years.
Debt Coverage: PPETL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PPETL's interest payments on its debt are well covered by EBIT (9.4x coverage).