Palomar Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Palomar Holdings has a total shareholder equity of $703.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.3B and $1.6B respectively. Palomar Holdings's EBIT is $141.6M making its interest coverage ratio 75.5. It has cash and short-term investments of $86.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 75.5x |
| Cash | US$86.48m |
| Equity | US$703.31m |
| Total liabilities | US$1.57b |
| Total assets | US$2.28b |
Recent financial health updates
No updates
Recent updates
Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings Haven't Escaped The Attention Of Investors
Sep 13
Here's Why We Think Palomar Holdings (NASDAQ:PLMR) Might Deserve Your Attention Today
Jul 14Market Participants Recognise Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings
Jun 14Palomar: Above-Expectations Q1 Results Point To A Positive Outlook
May 06Financial Stock On The Move: Palomar Holdings (SA Quant)
Apr 15Is Now The Time To Put Palomar Holdings (NASDAQ:PLMR) On Your Watchlist?
Apr 03After Leaping 26% Palomar Holdings, Inc. (NASDAQ:PLMR) Shares Are Not Flying Under The Radar
Feb 24Palomar: Positive Guidance Isn't Fully Priced In
Feb 20Investors Interested In Palomar Holdings, Inc.'s (NASDAQ:PLMR) Earnings
Jan 05Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?
Dec 09With EPS Growth And More, Palomar Holdings (NASDAQ:PLMR) Makes An Interesting Case
Jul 22Palomar estimates $12.5M loss from Hurricane Ian for Q3
Oct 20Here's Why Palomar Holdings (NASDAQ:PLMR) Has Caught The Eye Of Investors
Sep 23Do Palomar Holdings' (NASDAQ:PLMR) Earnings Warrant Your Attention?
Jun 20Palomar Holdings: Great Performance, But Still Giving Me The Shivers
Feb 26Financial Position Analysis
Short Term Liabilities: PLMR's short term assets ($944.6M) do not cover its short term liabilities ($1.6B).
Long Term Liabilities: PLMR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PLMR is debt free.
Reducing Debt: PLMR had no debt 5 years ago.
Debt Coverage: PLMR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PLMR has no debt, therefore coverage of interest payments is not a concern.