Pan African Resources Balance Sheet Health
Financial Health criteria checks 5/6
Pan African Resources has a total shareholder equity of $327.5M and total debt of $89.8M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are $573.7M and $246.2M respectively. Pan African Resources's EBIT is $124.3M making its interest coverage ratio 15.9. It has cash and short-term investments of $31.3M.
Key information
27.4%
Debt to equity ratio
US$89.77m
Debt
Interest coverage ratio | 15.9x |
Cash | US$31.30m |
Equity | US$327.45m |
Total liabilities | US$246.20m |
Total assets | US$573.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAFR.F's short term assets ($62.8M) exceed its short term liabilities ($59.5M).
Long Term Liabilities: PAFR.F's short term assets ($62.8M) do not cover its long term liabilities ($186.7M).
Debt to Equity History and Analysis
Debt Level: PAFR.F's net debt to equity ratio (17.9%) is considered satisfactory.
Reducing Debt: PAFR.F's debt to equity ratio has reduced from 85.8% to 27.4% over the past 5 years.
Debt Coverage: PAFR.F's debt is well covered by operating cash flow (152.6%).
Interest Coverage: PAFR.F's interest payments on its debt are well covered by EBIT (15.9x coverage).