Patriot Transportation Holding Balance Sheet Health
Financial Health criteria checks 6/6
Patriot Transportation Holding has a total shareholder equity of $34.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $52.7M and $18.3M respectively. Patriot Transportation Holding's EBIT is $2.4M making its interest coverage ratio -8. It has cash and short-term investments of $6.4M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -8x |
| Cash | US$6.43m |
| Equity | US$34.33m |
| Total liabilities | US$18.34m |
| Total assets | US$52.67m |
Recent financial health updates
No updates
Recent updates
Patriot Transportation Holding (NASDAQ:PATI) Might Have The Makings Of A Multi-Bagger
Aug 05
Here's Why It's Unlikely That Patriot Transportation Holding, Inc.'s (NASDAQ:PATI) CEO Will See A Pay Rise This Year
Jan 27We Think That There Are Some Issues For Patriot Transportation Holding (NASDAQ:PATI) Beyond Its Promising Earnings
May 24Does Patriot Transportation Holding's (NASDAQ:PATI) Returns On Capital Reflect Well On The Business?
Mar 12Is The Market Rewarding Patriot Transportation Holding, Inc. (NASDAQ:PATI) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Feb 05
Patriot Transportation reports FQ4 results
Dec 02A Look At The Intrinsic Value Of Patriot Transportation Holding, Inc. (NASDAQ:PATI)
Dec 02Financial Position Analysis
Short Term Liabilities: PATI's short term assets ($19.5M) exceed its short term liabilities ($9.1M).
Long Term Liabilities: PATI's short term assets ($19.5M) exceed its long term liabilities ($9.3M).
Debt to Equity History and Analysis
Debt Level: PATI is debt free.
Reducing Debt: PATI has no debt compared to 5 years ago when its debt to equity ratio was 1.2%.
Debt Coverage: PATI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PATI has no debt, therefore coverage of interest payments is not a concern.