Pacific Green Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Pacific Green Technologies has a total shareholder equity of $17.3M and total debt of $2.4M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are $36.5M and $19.2M respectively.
Key information
13.9%
Debt to equity ratio
US$2.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$13.06m |
| Equity | US$17.30m |
| Total liabilities | US$19.17m |
| Total assets | US$36.48m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGTK's short term assets ($25.8M) exceed its short term liabilities ($18.5M).
Long Term Liabilities: PGTK's short term assets ($25.8M) exceed its long term liabilities ($638.0K).
Debt to Equity History and Analysis
Debt Level: PGTK has more cash than its total debt.
Reducing Debt: PGTK's debt to equity ratio has increased from 0.3% to 13.9% over the past 5 years.
Debt Coverage: PGTK's debt is well covered by operating cash flow (568.5%).
Interest Coverage: Insufficient data to determine if PGTK's interest payments on its debt are well covered by EBIT.