PTL Balance Sheet Health
Financial Health criteria checks 6/6
PTL has a total shareholder equity of $1.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $11.0M and $9.7M respectively. PTL's EBIT is $1.1M making its interest coverage ratio -905.6. It has cash and short-term investments of $1.1M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -905.6x |
| Cash | US$1.14m |
| Equity | US$1.35m |
| Total liabilities | US$9.69m |
| Total assets | US$11.04m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PTLE's short term assets ($11.0M) exceed its short term liabilities ($9.7M).
Long Term Liabilities: PTLE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PTLE is debt free.
Reducing Debt: PTLE has not had any debt for past 5 years.
Debt Coverage: PTLE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTLE has no debt, therefore coverage of interest payments is not a concern.