Pan African Resources Balance Sheet Health
Financial Health criteria checks 5/6
Pan African Resources has a total shareholder equity of $327.5M and total debt of $89.8M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are $573.7M and $246.2M respectively. Pan African Resources's EBIT is $124.3M making its interest coverage ratio 15.9. It has cash and short-term investments of $31.3M.
Key information
27.4%
Debt to equity ratio
US$89.77m
Debt
| Interest coverage ratio | 15.9x |
| Cash | US$31.30m |
| Equity | US$327.45m |
| Total liabilities | US$246.20m |
| Total assets | US$573.65m |
Recent financial health updates
Does Pan African Resources (LON:PAF) Have A Healthy Balance Sheet?
Apr 30
Pan African Resources (LON:PAF) Takes On Some Risk With Its Use Of Debt
Sep 20Does Pan African Resources (LON:PAF) Have A Healthy Balance Sheet?
May 05Is Pan African Resources (LON:PAF) Using Too Much Debt?
Jun 01Is Pan African Resources (LON:PAF) A Risky Investment?
Feb 25Recent updates
Does Pan African Resources (LON:PAF) Have A Healthy Balance Sheet?
Apr 30Pan African Resources PLC (LON:PAF) Could Be Riskier Than It Looks
Mar 07Pan African Resources (LON:PAF) Takes On Some Risk With Its Use Of Debt
Sep 20Does Pan African Resources (LON:PAF) Have A Healthy Balance Sheet?
May 05Pan African Resources (LON:PAF) Has Announced A Dividend Of $0.0087
Dec 01Is Pan African Resources (LON:PAF) Using Too Much Debt?
Jun 01Pan African Resources PLC's (LON:PAF) Intrinsic Value Is Potentially 52% Above Its Share Price
Apr 05Does Pan African Resources (LON:PAF) Deserve A Spot On Your Watchlist?
Dec 08We Take A Look At Why Pan African Resources PLC's (LON:PAF) CEO Compensation Is Well Earned
Nov 17A Look At The Fair Value Of Pan African Resources PLC (LON:PAF)
Sep 02Investors Should Be Encouraged By Pan African Resources' (LON:PAF) Returns On Capital
Jun 01I Ran A Stock Scan For Earnings Growth And Pan African Resources (LON:PAF) Passed With Ease
Mar 10Is Pan African Resources (LON:PAF) A Risky Investment?
Feb 25The Trend Of High Returns At Pan African Resources (LON:PAF) Has Us Very Interested
Feb 13Is Pan African Resources PLC's(LON:PAF) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 29Do Institutions Own Pan African Resources PLC (LON:PAF) Shares?
Jan 14
Read This Before Selling Pan African Resources PLC (LON:PAF) Shares
Dec 15Key Things To Understand About Pan African Resources' (LON:PAF) CEO Pay Cheque
Nov 30Financial Position Analysis
Short Term Liabilities: PAF's short term assets ($62.8M) exceed its short term liabilities ($59.5M).
Long Term Liabilities: PAF's short term assets ($62.8M) do not cover its long term liabilities ($186.7M).
Debt to Equity History and Analysis
Debt Level: PAF's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: PAF's debt to equity ratio has reduced from 85.8% to 27.4% over the past 5 years.
Debt Coverage: PAF's debt is well covered by operating cash flow (152.6%).
Interest Coverage: PAF's interest payments on its debt are well covered by EBIT (15.9x coverage).