Pinewood Technologies Group PLC

LSE:PINE Stock Report

Market Cap: UK£285.1m

Pinewood Technologies Group Balance Sheet Health

Financial Health criteria checks 6/6

Pinewood Technologies Group has a total shareholder equity of £360.4M and total debt of £93.2M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are £483.7M and £123.3M respectively. Pinewood Technologies Group's EBIT is £9.2M making its interest coverage ratio 100. It has cash and short-term investments of £47.4M.

Key information

25.9%

Debt to equity ratio

UK£93.20m

Debt

Interest coverage ratio100x
CashUK£47.40m
EquityUK£360.40m
Total liabilitiesUK£123.30m
Total assetsUK£483.70m

Recent financial health updates

Recent updates

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Jun 22
Here's Why Pendragon (LON:PDG) Is Weighed Down By Its Debt Load

Pendragon (LON:PDG) Takes On Some Risk With Its Use Of Debt

Dec 10
Pendragon (LON:PDG) Takes On Some Risk With Its Use Of Debt

Is Now The Time To Look At Buying Pendragon PLC (LON:PDG)?

May 21
Is Now The Time To Look At Buying Pendragon PLC (LON:PDG)?

These 4 Measures Indicate That Pendragon (LON:PDG) Is Using Debt Extensively

Apr 23
These 4 Measures Indicate That Pendragon (LON:PDG) Is Using Debt Extensively

We Think That There Are Issues Underlying Pendragon's (LON:PDG) Earnings

Sep 22
We Think That There Are Issues Underlying Pendragon's (LON:PDG) Earnings

Is It Time To Consider Buying Pendragon PLC (LON:PDG)?

May 27
Is It Time To Consider Buying Pendragon PLC (LON:PDG)?

Pendragon PLC (LON:PDG) Just Reported And Analysts Have Been Lifting Their Price Targets

Mar 27
Pendragon PLC (LON:PDG) Just Reported And Analysts Have Been Lifting Their Price Targets

Pendragon's(LON:PDG) Share Price Is Down 77% Over The Past Five Years.

Dec 24
Pendragon's(LON:PDG) Share Price Is Down 77% Over The Past Five Years.

Financial Position Analysis

Short Term Liabilities: PINE's short term assets (£468.5M) exceed its short term liabilities (£121.9M).

Long Term Liabilities: PINE's short term assets (£468.5M) exceed its long term liabilities (£1.4M).


Debt to Equity History and Analysis

Debt Level: PINE's net debt to equity ratio (12.7%) is considered satisfactory.

Reducing Debt: PINE's debt to equity ratio has reduced from 65.6% to 25.9% over the past 5 years.

Debt Coverage: PINE's debt is well covered by operating cash flow (47.9%).

Interest Coverage: PINE's interest payments on its debt are well covered by EBIT (100x coverage).


Balance Sheet


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