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 ratio | 100x |
Cash | UK£47.40m |
Equity | UK£360.40m |
Total liabilities | UK£123.30m |
Total assets | UK£483.70m |
Recent financial health updates
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Apr 23Recent updates
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Dec 10Is Now The Time To Look At Buying Pendragon PLC (LON:PDG)?
May 21These 4 Measures Indicate That Pendragon (LON:PDG) Is Using Debt Extensively
Apr 23We Think That There Are Issues Underlying Pendragon's (LON:PDG) Earnings
Sep 22Is It Time To Consider Buying Pendragon PLC (LON:PDG)?
May 27Pendragon PLC (LON:PDG) Just Reported And Analysts Have Been Lifting Their Price Targets
Mar 27Pendragon's(LON:PDG) Share Price Is Down 77% Over The Past Five Years.
Dec 24Financial 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).