Power Solutions International Balance Sheet Health
Financial Health criteria checks 3/6
Power Solutions International has a total shareholder equity of $3.2M and total debt of $140.0M, which brings its debt-to-equity ratio to 4342.9%. Its total assets and total liabilities are $286.8M and $283.6M respectively. Power Solutions International's EBIT is $46.4M making its interest coverage ratio 2.9. It has cash and short-term investments of $33.1M.
Key information
4,342.9%
Debt to equity ratio
US$140.01m
Debt
Interest coverage ratio | 2.9x |
Cash | US$33.06m |
Equity | US$3.22m |
Total liabilities | US$283.58m |
Total assets | US$286.80m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSIX's short term assets ($209.1M) do not cover its short term liabilities ($245.8M).
Long Term Liabilities: PSIX's short term assets ($209.1M) exceed its long term liabilities ($37.8M).
Debt to Equity History and Analysis
Debt Level: PSIX's net debt to equity ratio (3317.3%) is considered high.
Reducing Debt: PSIX had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PSIX's debt is well covered by operating cash flow (58%).
Interest Coverage: PSIX's interest payments on its debt are not well covered by EBIT (2.9x coverage).