Porvair Balance Sheet Health
Financial Health criteria checks 5/6
Porvair has a total shareholder equity of £146.6M and total debt of £10.1M, which brings its debt-to-equity ratio to 6.9%. Its total assets and total liabilities are £216.7M and £70.1M respectively. Porvair's EBIT is £20.8M making its interest coverage ratio 16.4. It has cash and short-term investments of £14.2M.
Key information
6.9%
Debt to equity ratio
UK£10.12m
Debt
| Interest coverage ratio | 16.4x |
| Cash | UK£14.24m |
| Equity | UK£146.60m |
| Total liabilities | UK£70.11m |
| Total assets | UK£216.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PVAR.F's short term assets (£79.3M) exceed its short term liabilities (£43.4M).
Long Term Liabilities: PVAR.F's short term assets (£79.3M) exceed its long term liabilities (£26.7M).
Debt to Equity History and Analysis
Debt Level: PVAR.F has more cash than its total debt.
Reducing Debt: PVAR.F's debt to equity ratio has increased from 5.4% to 6.9% over the past 5 years.
Debt Coverage: PVAR.F's debt is well covered by operating cash flow (193.2%).
Interest Coverage: PVAR.F's interest payments on its debt are well covered by EBIT (16.4x coverage).