Plover Bay Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Plover Bay Technologies has a total shareholder equity of $50.2M and total debt of $1.2M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are $85.3M and $35.1M respectively. Plover Bay Technologies's EBIT is $31.9M making its interest coverage ratio -53.5. It has cash and short-term investments of $36.7M.
Key information
2.3%
Debt to equity ratio
US$1.18m
Debt
| Interest coverage ratio | -53.5x |
| Cash | US$36.75m |
| Equity | US$50.22m |
| Total liabilities | US$35.05m |
| Total assets | US$85.28m |
Recent financial health updates
We Think Plover Bay Technologies (HKG:1523) Can Manage Its Debt With Ease
Mar 24
These 4 Measures Indicate That Plover Bay Technologies (HKG:1523) Is Using Debt Safely
Apr 13Recent updates
Plover Bay Technologies Limited's (HKG:1523) CEO Compensation Is Looking A Bit Stretched At The Moment
Apr 21Plover Bay Technologies' (HKG:1523) Solid Earnings Are Supported By Other Strong Factors
Mar 27There's Reason For Concern Over Plover Bay Technologies Limited's (HKG:1523) Massive 30% Price Jump
Mar 01Should You Be Adding Plover Bay Technologies (HKG:1523) To Your Watchlist Today?
Feb 15Here's Why Plover Bay Technologies (HKG:1523) Has Caught The Eye Of Investors
Mar 15What Does Plover Bay Technologies Limited's (HKG:1523) Share Price Indicate?
Dec 19Plover Bay Technologies (HKG:1523) Ticks All The Boxes When It Comes To Earnings Growth
Oct 12We Think Plover Bay Technologies (HKG:1523) Can Manage Its Debt With Ease
Mar 24Why Plover Bay Technologies Limited (HKG:1523) Could Be Worth Watching
Mar 04Calculating The Intrinsic Value Of Plover Bay Technologies Limited (HKG:1523)
Nov 11Do Plover Bay Technologies's (HKG:1523) Earnings Warrant Your Attention?
Sep 27Why Plover Bay Technologies Limited (HKG:1523) Could Be Worth Watching
Aug 23An Intrinsic Calculation For Plover Bay Technologies Limited (HKG:1523) Suggests It's 42% Undervalued
Jul 29Here's Why We Think Plover Bay Technologies (HKG:1523) Is Well Worth Watching
Jun 14Is There Now An Opportunity In Plover Bay Technologies Limited (HKG:1523)?
Apr 30These 4 Measures Indicate That Plover Bay Technologies (HKG:1523) Is Using Debt Safely
Apr 13Here's Why I Think Plover Bay Technologies (HKG:1523) Is An Interesting Stock
Mar 14Should You Use Plover Bay Technologies' (HKG:1523) Statutory Earnings To Analyse It?
Feb 08
We're Watching These Trends At Plover Bay Technologies (HKG:1523)
Jan 18Is It Too Late To Consider Buying Plover Bay Technologies Limited (HKG:1523)?
Jan 03Plover Bay Technologies' (HKG:1523) Shareholders Are Down 42% On Their Shares
Dec 19What Type Of Shareholders Own The Most Number of Plover Bay Technologies Limited (HKG:1523) Shares?
Dec 06Is Weakness In Plover Bay Technologies Limited (HKG:1523) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Nov 23Financial Position Analysis
Short Term Liabilities: 1523's short term assets ($78.2M) exceed its short term liabilities ($27.2M).
Long Term Liabilities: 1523's short term assets ($78.2M) exceed its long term liabilities ($7.8M).
Debt to Equity History and Analysis
Debt Level: 1523 has more cash than its total debt.
Reducing Debt: 1523's debt to equity ratio has reduced from 4% to 2.3% over the past 5 years.
Debt Coverage: 1523's debt is well covered by operating cash flow (3204.9%).
Interest Coverage: 1523 earns more interest than it pays, so coverage of interest payments is not a concern.