PLC Balance Sheet Health
Financial Health criteria checks 5/6
PLC has a total shareholder equity of €19.6M and total debt of €4.7M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are €68.9M and €49.3M respectively. PLC's EBIT is €5.2M making its interest coverage ratio 11. It has cash and short-term investments of €8.8M.
Key information
23.9%
Debt to equity ratio
€4.68m
Debt
| Interest coverage ratio | 11x |
| Cash | €8.82m |
| Equity | €19.60m |
| Total liabilities | €49.32m |
| Total assets | €68.91m |
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
Impressive Earnings May Not Tell The Whole Story For PLC (BIT:PLC)
Jul 24PLC 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 (€51.8M) exceed its short term liabilities (€43.3M).
Long Term Liabilities: PLC's short term assets (€51.8M) exceed its long term liabilities (€6.0M).
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 reduced from 59.8% to 23.9% over the past 5 years.
Debt Coverage: PLC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLC's interest payments on its debt are well covered by EBIT (11x coverage).