Panther Metals Balance Sheet Health
Financial Health criteria checks 3/6
Panther Metals has a total shareholder equity of £3.6M and total debt of £406.5K, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are £4.3M and £704.5K respectively.
Key information
11.4%
Debt to equity ratio
UK£406.50k
Debt
Interest coverage ratio | n/a |
Cash | UK£2.32m |
Equity | UK£3.56m |
Total liabilities | UK£704.48k |
Total assets | UK£4.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PALM's short term assets (£2.4M) exceed its short term liabilities (£540.9K).
Long Term Liabilities: PALM's short term assets (£2.4M) exceed its long term liabilities (£163.6K).
Debt to Equity History and Analysis
Debt Level: PALM has more cash than its total debt.
Reducing Debt: PALM's debt to equity ratio has increased from 0% to 11.4% over the past 5 years.
Debt Coverage: PALM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PALM's interest payments on its debt are well covered by EBIT.