Prestige Wealth Balance Sheet Health
Financial Health criteria checks 6/6
Prestige Wealth has a total shareholder equity of $6.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $6.9M and $681.1K respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$431.31k |
| Equity | US$6.18m |
| Total liabilities | US$681.07k |
| Total assets | US$6.86m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PWM's short term assets ($6.7M) exceed its short term liabilities ($520.1K).
Long Term Liabilities: PWM's short term assets ($6.7M) exceed its long term liabilities ($161.0K).
Debt to Equity History and Analysis
Debt Level: PWM is debt free.
Reducing Debt: PWM has not had any debt for past 5 years.
Debt Coverage: PWM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PWM has no debt, therefore coverage of interest payments is not a concern.