Payton Planar Magnetics Balance Sheet Health
Financial Health criteria checks 6/6
Payton Planar Magnetics has a total shareholder equity of $71.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $80.1M and $9.1M respectively. Payton Planar Magnetics's EBIT is $16.3M making its interest coverage ratio -10.2. It has cash and short-term investments of $48.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -10.2x |
Cash | US$48.89m |
Equity | US$70.99m |
Total liabilities | US$9.10m |
Total assets | US$80.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAYB's short term assets ($67.7M) exceed its short term liabilities ($7.4M).
Long Term Liabilities: PAYB's short term assets ($67.7M) exceed its long term liabilities ($1.7M).
Debt to Equity History and Analysis
Debt Level: PAYB is debt free.
Reducing Debt: PAYB had no debt 5 years ago.
Debt Coverage: PAYB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAYB has no debt, therefore coverage of interest payments is not a concern.