Physitrack Balance Sheet Health
Financial Health criteria checks 3/6
Physitrack has a total shareholder equity of €25.6M and total debt of €3.6M, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are €38.7M and €13.1M respectively. Physitrack's EBIT is €286.5K making its interest coverage ratio 0.8. It has cash and short-term investments of €536.0K.
Key information
14.0%
Debt to equity ratio
€3.58m
Debt
| Interest coverage ratio | 0.8x |
| Cash | €536.03k |
| Equity | €25.57m |
| Total liabilities | €13.13m |
| Total assets | €38.70m |
Recent financial health updates
Recent updates
Physitrack (STO:PTRK) Has A Somewhat Strained Balance Sheet
Apr 10
Physitrack PLC (STO:PTRK) Could Be Riskier Than It Looks
Feb 29Revenues Tell The Story For Physitrack PLC (STO:PTRK)
Oct 12Why Physitrack PLC (STO:PTRK) Could Be Worth Watching
Aug 18Be Wary Of Physitrack (STO:PTRK) And Its Returns On Capital
Jan 29Physitrack (STO:PTRK) Will Be Hoping To Turn Its Returns On Capital Around
Oct 29Financial Position Analysis
Short Term Liabilities: PTRK's short term assets (€4.5M) do not cover its short term liabilities (€5.8M).
Long Term Liabilities: PTRK's short term assets (€4.5M) do not cover its long term liabilities (€7.3M).
Debt to Equity History and Analysis
Debt Level: PTRK's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: PTRK's debt to equity ratio has reduced from 30% to 14% over the past 5 years.
Debt Coverage: PTRK's debt is well covered by operating cash flow (74%).
Interest Coverage: PTRK's interest payments on its debt are not well covered by EBIT (0.8x coverage).