Pinewood Technologies Group Balance Sheet Health
Financial Health criteria checks 6/6
Pinewood Technologies Group has a total shareholder equity of £360.4M and total debt of £93.2M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are £483.7M and £123.3M respectively. Pinewood Technologies Group's EBIT is £9.2M making its interest coverage ratio 100. It has cash and short-term investments of £47.4M.
Key information
25.9%
Debt to equity ratio
UK£93.20m
Debt
| Interest coverage ratio | 100x |
| Cash | UK£47.40m |
| Equity | UK£360.40m |
| Total liabilities | UK£123.30m |
| Total assets | UK£483.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDGN.F's short term assets (£468.5M) exceed its short term liabilities (£121.9M).
Long Term Liabilities: PDGN.F's short term assets (£468.5M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: PDGN.F's net debt to equity ratio (12.7%) is considered satisfactory.
Reducing Debt: PDGN.F's debt to equity ratio has reduced from 65.6% to 25.9% over the past 5 years.
Debt Coverage: PDGN.F's debt is well covered by operating cash flow (47.9%).
Interest Coverage: PDGN.F's interest payments on its debt are well covered by EBIT (100x coverage).