Penguin Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Penguin Solutions has a total shareholder equity of $399.2M and total debt of $657.3M, which brings its debt-to-equity ratio to 164.7%. Its total assets and total liabilities are $1.5B and $1.1B respectively. Penguin Solutions's EBIT is $20.4M making its interest coverage ratio 0.7. It has cash and short-term investments of $389.5M.
Key information
164.7%
Debt to equity ratio
US$657.35m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$389.48m |
| Equity | US$399.21m |
| Total liabilities | US$1.08b |
| Total assets | US$1.47b |
Recent financial health updates
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Apr 26Recent updates
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Dec 28Financial Position Analysis
Short Term Liabilities: PENG's short term assets ($867.7M) exceed its short term liabilities ($327.6M).
Long Term Liabilities: PENG's short term assets ($867.7M) exceed its long term liabilities ($747.7M).
Debt to Equity History and Analysis
Debt Level: PENG's net debt to equity ratio (67.1%) is considered high.
Reducing Debt: PENG's debt to equity ratio has increased from 75.5% to 164.7% over the past 5 years.
Debt Coverage: PENG's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: PENG's interest payments on its debt are not well covered by EBIT (0.7x coverage).