Plover Bay Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Plover Bay Technologies has a total shareholder equity of $52.1M and total debt of $4.3M, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are $95.1M and $43.0M respectively. Plover Bay Technologies's EBIT is $39.5M making its interest coverage ratio -31.6. It has cash and short-term investments of $53.5M.
Key information
8.3%
Debt to equity ratio
US$4.30m
Debt
| Interest coverage ratio | -31.6x |
| Cash | US$53.54m |
| Equity | US$52.06m |
| Total liabilities | US$43.02m |
| Total assets | US$95.08m |
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
Market Participants Recognise Plover Bay Technologies Limited's (HKG:1523) Earnings Pushing Shares 27% Higher
Oct 09Should You Be Adding Plover Bay Technologies (HKG:1523) To Your Watchlist Today?
Oct 07Why Investors Shouldn't Be Surprised By Plover Bay Technologies Limited's (HKG:1523) 25% Share Price Surge
Jun 29Plover 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 ($89.1M) exceed its short term liabilities ($32.4M).
Long Term Liabilities: 1523's short term assets ($89.1M) exceed its long term liabilities ($10.6M).
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 increased from 2.7% to 8.3% over the past 5 years.
Debt Coverage: 1523's debt is well covered by operating cash flow (1250.4%).
Interest Coverage: 1523 earns more interest than it pays, so coverage of interest payments is not a concern.