Palace Capital Balance Sheet Health
Financial Health criteria checks 6/6
Palace Capital has a total shareholder equity of £72.3M and total debt of £8.1M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are £85.0M and £12.7M respectively. Palace Capital's EBIT is £3.5M making its interest coverage ratio -20.4. It has cash and short-term investments of £21.3M.
Key information
11.2%
Debt to equity ratio
UK£8.11m
Debt
| Interest coverage ratio | -20.4x |
| Cash | UK£21.29m |
| Equity | UK£72.28m |
| Total liabilities | UK£12.71m |
| Total assets | UK£84.99m |
Recent financial health updates
No updates
Recent updates
Palace Capital's (LON:PCA) Dividend Will Be £0.0375
Sep 22
Palace Capital (LON:PCA) Is Paying Out A Dividend Of £0.0375
Mar 18Estimating The Intrinsic Value Of Palace Capital Plc (LON:PCA)
Sep 29Palace Capital's (LON:PCA) Earnings Are Weaker Than They Seem
Jun 21Palace Capital Plc (LON:PCA) Analysts Just Trimmed Their Revenue Forecasts By 26%
Jun 20Palace Capital (LON:PCA) Has Announced A Dividend Of UK£0.03
Sep 13Palace Capital Plc's (LON:PCA) CEO Might Not Expect Shareholders To Be So Generous This Year
Jul 23Don't Buy Palace Capital Plc (LON:PCA) For Its Next Dividend Without Doing These Checks
Mar 14Reflecting on Palace Capital's (LON:PCA) Share Price Returns Over The Last Five Years
Feb 22Financial Position Analysis
Short Term Liabilities: PCA's short term assets (£30.5M) exceed its short term liabilities (£4.0M).
Long Term Liabilities: PCA's short term assets (£30.5M) exceed its long term liabilities (£8.7M).
Debt to Equity History and Analysis
Debt Level: PCA has more cash than its total debt.
Reducing Debt: PCA's debt to equity ratio has reduced from 60.6% to 11.2% over the past 5 years.
Debt Coverage: PCA's debt is well covered by operating cash flow (24%).
Interest Coverage: PCA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:02 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Palace Capital Plc is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Colin Smith | Arden Partners Plc. |
| Martyn King | Edison Investment Research |
| Poonam Lodhia | Numis Securities Ltd. |