Petra Diamonds Balance Sheet Health
Financial Health criteria checks 3/6
Petra Diamonds has a total shareholder equity of $217.0M and total debt of $279.0M, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are $772.0M and $555.0M respectively.
Key information
128.6%
Debt to equity ratio
US$279.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.00m |
| Equity | US$217.00m |
| Total liabilities | US$555.00m |
| Total assets | US$772.00m |
Recent financial health updates
Is Petra Diamonds (LON:PDL) A Risky Investment?
Oct 13
Is Petra Diamonds (LON:PDL) A Risky Investment?
Nov 28Recent updates
Even With A 33% Surge, Cautious Investors Are Not Rewarding Petra Diamonds Limited's (LON:PDL) Performance Completely
Oct 08Petra Diamonds Limited (LON:PDL) Not Doing Enough For Some Investors As Its Shares Slump 26%
Aug 01Newsflash: Petra Diamonds Limited (LON:PDL) Analysts Have Been Trimming Their Revenue Forecasts
Feb 28Petra Diamonds Limited (LON:PDL) Might Not Be As Mispriced As It Looks After Plunging 29%
Feb 13Even With A 36% Surge, Cautious Investors Are Not Rewarding Petra Diamonds Limited's (LON:PDL) Performance Completely
Dec 29We Think Some Shareholders May Hesitate To Increase Petra Diamonds Limited's (LON:PDL) CEO Compensation
Nov 08Is Petra Diamonds Limited (LON:PDL) Worth UK£0.6 Based On Its Intrinsic Value?
Oct 07Is Petra Diamonds (LON:PDL) A Risky Investment?
Oct 13The Returns On Capital At Petra Diamonds (LON:PDL) Don't Inspire Confidence
Sep 13Returns On Capital Signal Difficult Times Ahead For Petra Diamonds (LON:PDL)
Jan 20Is Petra Diamonds (LON:PDL) A Risky Investment?
Nov 28Petra Diamonds (LON:PDL) Is Posting Healthy Earnings, But It Is Not All Good News
Sep 22Calculating The Intrinsic Value Of Petra Diamonds Limited (LON:PDL)
Mar 20When Will Petra Diamonds Limited (LON:PDL) Breakeven?
Feb 18Financial Position Analysis
Short Term Liabilities: PDL's short term assets ($166.0M) exceed its short term liabilities ($126.0M).
Long Term Liabilities: PDL's short term assets ($166.0M) do not cover its long term liabilities ($429.0M).
Debt to Equity History and Analysis
Debt Level: PDL's net debt to equity ratio (109.2%) is considered high.
Reducing Debt: PDL's debt to equity ratio has reduced from 236.5% to 128.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PDL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PDL has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 15.7% each year.