Platinum Investment Management Balance Sheet Health
Financial Health criteria checks 6/6
Platinum Investment Management has a total shareholder equity of A$327.8M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$360.8M and A$33.0M respectively. Platinum Investment Management's EBIT is A$121.2M making its interest coverage ratio 866. It has cash and short-term investments of A$208.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 866x |
| Cash | AU$208.63m |
| Equity | AU$327.83m |
| Total liabilities | AU$33.01m |
| Total assets | AU$360.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTMG.F's short term assets (A$231.3M) exceed its short term liabilities (A$18.7M).
Long Term Liabilities: PTMG.F's short term assets (A$231.3M) exceed its long term liabilities (A$14.3M).
Debt to Equity History and Analysis
Debt Level: PTMG.F is debt free.
Reducing Debt: PTMG.F has not had any debt for past 5 years.
Debt Coverage: PTMG.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTMG.F has no debt, therefore coverage of interest payments is not a concern.