Perenti Balance Sheet Health
Financial Health criteria checks 6/6
Perenti has a total shareholder equity of A$1.8B and total debt of A$880.9M, which brings its debt-to-equity ratio to 49.3%. Its total assets and total liabilities are A$3.4B and A$1.6B respectively. Perenti's EBIT is A$240.6M making its interest coverage ratio 3.1. It has cash and short-term investments of A$459.1M.
Key information
49.3%
Debt to equity ratio
AU$880.89m
Debt
| Interest coverage ratio | 3.1x |
| Cash | AU$459.14m |
| Equity | AU$1.79b |
| Total liabilities | AU$1.57b |
| Total assets | AU$3.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AUSD.F's short term assets (A$1.3B) exceed its short term liabilities (A$580.3M).
Long Term Liabilities: AUSD.F's short term assets (A$1.3B) exceed its long term liabilities (A$987.1M).
Debt to Equity History and Analysis
Debt Level: AUSD.F's net debt to equity ratio (23.6%) is considered satisfactory.
Reducing Debt: AUSD.F's debt to equity ratio has reduced from 51.3% to 49.3% over the past 5 years.
Debt Coverage: AUSD.F's debt is well covered by operating cash flow (55.4%).
Interest Coverage: AUSD.F's interest payments on its debt are well covered by EBIT (3.1x coverage).