PLC Balance Sheet Health
Financial Health criteria checks 3/6
PLC has a total shareholder equity of €12.6M and total debt of €7.8M, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are €21.3M and €8.7M respectively. PLC's EBIT is €3.6M making its interest coverage ratio 8.1. It has cash and short-term investments of €10.0M.
Key information
61.9%
Debt to equity ratio
€7.81m
Debt
| Interest coverage ratio | 8.1x |
| Cash | €9.96m |
| Equity | €12.62m |
| Total liabilities | €8.69m |
| Total assets | €21.31m |
Recent financial health updates
Does PLC (BIT:PLC) Have A Healthy Balance Sheet?
Nov 29
These 4 Measures Indicate That PLC (BIT:PLC) Is Using Debt Extensively
May 10Recent updates
PLC S.p.A.'s (BIT:PLC) Share Price Not Quite Adding Up
Mar 26Does PLC (BIT:PLC) Have A Healthy Balance Sheet?
Nov 29PLC S.p.A. (BIT:PLC) Shares Could Be 46% Below Their Intrinsic Value Estimate
Jun 25There Are Reasons To Feel Uneasy About PLC's (BIT:PLC) Returns On Capital
May 04PLC (BIT:PLC) Is Posting Healthy Earnings, But It Is Not All Good News
Oct 06Is There An Opportunity With PLC S.p.A.'s (BIT:PLC) 30% Undervaluation?
Jul 27When Should You Buy PLC S.p.A. (BIT:PLC)?
May 31These 4 Measures Indicate That PLC (BIT:PLC) Is Using Debt Extensively
May 10PLC S.p.A. (BIT:PLC) Shares Could Be 40% Below Their Intrinsic Value Estimate
Mar 24What Is PLC S.p.A.'s (BIT:PLC) Share Price Doing?
Dec 09
Financial Position Analysis
Short Term Liabilities: PLC's short term assets (€3.5M) do not cover its short term liabilities (€4.8M).
Long Term Liabilities: PLC's short term assets (€3.5M) do not cover its long term liabilities (€3.9M).
Debt to Equity History and Analysis
Debt Level: PLC has more cash than its total debt.
Reducing Debt: PLC's debt to equity ratio has increased from 47% to 61.9% over the past 5 years.
Debt Coverage: PLC's debt is well covered by operating cash flow (45.5%).
Interest Coverage: PLC's interest payments on its debt are well covered by EBIT (8.1x coverage).