Planet Image International Balance Sheet Health
Financial Health criteria checks 5/6
Planet Image International has a total shareholder equity of $33.1M and total debt of $39.5M, which brings its debt-to-equity ratio to 119.3%. Its total assets and total liabilities are $130.3M and $97.2M respectively. Planet Image International's EBIT is $12.7M making its interest coverage ratio 23.6. It has cash and short-term investments of $45.1M.
Key information
119.3%
Debt to equity ratio
US$39.50m
Debt
| Interest coverage ratio | 23.6x |
| Cash | US$45.13m |
| Equity | US$33.11m |
| Total liabilities | US$97.16m |
| Total assets | US$130.27m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: YIBO's short term assets ($118.6M) exceed its short term liabilities ($82.4M).
Long Term Liabilities: YIBO's short term assets ($118.6M) exceed its long term liabilities ($14.8M).
Debt to Equity History and Analysis
Debt Level: YIBO has more cash than its total debt.
Reducing Debt: Insufficient data to determine if YIBO's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: YIBO's debt is well covered by operating cash flow (45.3%).
Interest Coverage: YIBO's interest payments on its debt are well covered by EBIT (23.6x coverage).