Photomyne Balance Sheet Health
Financial Health criteria checks 6/6
Photomyne has a total shareholder equity of $12.9M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $17.8M and $5.0M respectively. Photomyne's EBIT is $2.0M making its interest coverage ratio -2.9. It has cash and short-term investments of $15.8M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -2.9x |
| Cash | US$15.76m |
| Equity | US$12.88m |
| Total liabilities | US$4.95m |
| Total assets | US$17.83m |
Recent financial health updates
We're Not Very Worried About Photomyne's (TLV:PHTM) Cash Burn Rate
Mar 17
We Think Photomyne (TLV:PHTM) Can Afford To Drive Business Growth
Dec 02We're Interested To See How Photomyne (TLV:PHTM) Uses Its Cash Hoard To Grow
Jul 13Recent updates
Photomyne (TLV:PHTM) Is Experiencing Growth In Returns On Capital
Apr 04Little Excitement Around Photomyne Ltd's (TLV:PHTM) Revenues
Jan 22There's Been No Shortage Of Growth Recently For Photomyne's (TLV:PHTM) Returns On Capital
Nov 03Not Many Are Piling Into Photomyne Ltd (TLV:PHTM) Just Yet
Jun 30We're Not Very Worried About Photomyne's (TLV:PHTM) Cash Burn Rate
Mar 17We Think Photomyne (TLV:PHTM) Can Afford To Drive Business Growth
Dec 02We're Interested To See How Photomyne (TLV:PHTM) Uses Its Cash Hoard To Grow
Jul 13Financial Position Analysis
Short Term Liabilities: PHTM's short term assets ($17.4M) exceed its short term liabilities ($4.5M).
Long Term Liabilities: PHTM's short term assets ($17.4M) exceed its long term liabilities ($462.0K).
Debt to Equity History and Analysis
Debt Level: PHTM is debt free.
Reducing Debt: PHTM has not had any debt for past 5 years.
Debt Coverage: PHTM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PHTM has no debt, therefore coverage of interest payments is not a concern.