Petra Diamonds Balance Sheet Health
Financial Health criteria checks 3/6
Petra Diamonds has a total shareholder equity of $217.0M and total debt of $279.0M, which brings its debt-to-equity ratio to 128.6%. Its total assets and total liabilities are $772.0M and $555.0M respectively.
Key information
128.6%
Debt to equity ratio
US$279.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$42.00m |
| Equity | US$217.00m |
| Total liabilities | US$555.00m |
| Total assets | US$772.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDLM.F's short term assets ($166.0M) exceed its short term liabilities ($126.0M).
Long Term Liabilities: PDLM.F's short term assets ($166.0M) do not cover its long term liabilities ($429.0M).
Debt to Equity History and Analysis
Debt Level: PDLM.F's net debt to equity ratio (109.2%) is considered high.
Reducing Debt: PDLM.F's debt to equity ratio has reduced from 236.5% to 128.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PDLM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PDLM.F has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 15.7% each year.