Paratus Namibia Holdings Balance Sheet Health
Financial Health criteria checks 1/6
Paratus Namibia Holdings has a total shareholder equity of NAD574.0M and total debt of NAD363.1M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are NAD1.4B and NAD834.7M respectively. Paratus Namibia Holdings's EBIT is NAD110.2M making its interest coverage ratio 1.6. It has cash and short-term investments of NAD3.9M.
Key information
63.3%
Debt to equity ratio
N$363.15m
Debt
| Interest coverage ratio | 1.6x |
| Cash | N$3.90m |
| Equity | N$574.02m |
| Total liabilities | N$834.71m |
| Total assets | N$1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNH's short term assets (NAD99.3M) do not cover its short term liabilities (NAD324.5M).
Long Term Liabilities: PNH's short term assets (NAD99.3M) do not cover its long term liabilities (NAD510.3M).
Debt to Equity History and Analysis
Debt Level: PNH's net debt to equity ratio (62.6%) is considered high.
Reducing Debt: PNH's debt to equity ratio has increased from 0% to 63.3% over the past 5 years.
Debt Coverage: PNH's debt is well covered by operating cash flow (48.6%).
Interest Coverage: PNH's interest payments on its debt are not well covered by EBIT (1.6x coverage).