Panther Securities Balance Sheet Health
Financial Health criteria checks 2/6
Panther Securities has a total shareholder equity of £115.5M and total debt of £61.2M, which brings its debt-to-equity ratio to 53%. Its total assets and total liabilities are £199.9M and £84.4M respectively. Panther Securities's EBIT is £7.1M making its interest coverage ratio -1. It has cash and short-term investments of £5.6M.
Key information
53.0%
Debt to equity ratio
UK£61.20m
Debt
Interest coverage ratio | -1x |
Cash | UK£5.61m |
Equity | UK£115.50m |
Total liabilities | UK£84.41m |
Total assets | UK£199.91m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PNS's short term assets (£8.9M) do not cover its short term liabilities (£10.5M).
Long Term Liabilities: PNS's short term assets (£8.9M) do not cover its long term liabilities (£73.9M).
Debt to Equity History and Analysis
Debt Level: PNS's net debt to equity ratio (48.1%) is considered high.
Reducing Debt: PNS's debt to equity ratio has reduced from 102.6% to 53% over the past 5 years.
Debt Coverage: PNS's debt is not well covered by operating cash flow (4.7%).
Interest Coverage: PNS earns more interest than it pays, so coverage of interest payments is not a concern.