Pacific Current Group Balance Sheet Health
Financial Health criteria checks 5/6
Pacific Current Group has a total shareholder equity of A$599.1M and total debt of A$59.2M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are A$727.9M and A$128.8M respectively. Pacific Current Group's EBIT is A$173.0M making its interest coverage ratio 25.9. It has cash and short-term investments of A$320.5M.
Key information
9.9%
Debt to equity ratio
AU$59.21m
Debt
| Interest coverage ratio | 25.9x |
| Cash | AU$320.54m |
| Equity | AU$599.06m |
| Total liabilities | AU$128.82m |
| Total assets | AU$727.88m |
Recent financial health updates
No updates
Recent updates
The Pacific Current Group Limited (ASX:PAC) Analyst Just Boosted Their Forecasts By A Dazzling Amount
Mar 24
What Kind Of Shareholders Hold The Majority In Pacific Current Group Limited's (ASX:PAC) Shares?
Mar 17Is Pacific Current Group Limited (ASX:PAC) A Risky Dividend Stock?
Feb 10
How Much Did Pacific Current Group's(ASX:PAC) Shareholders Earn From Share Price Movements Over The Last Three Years?
Jan 19Are Insiders Buying Pacific Current Group Limited (ASX:PAC) Stock?
Dec 28What You Need To Know About Pacific Current Group Limited's (ASX:PAC) Investor Composition
Dec 02Financial Position Analysis
Short Term Liabilities: PAC's short term assets (A$363.4M) exceed its short term liabilities (A$5.8M).
Long Term Liabilities: PAC's short term assets (A$363.4M) exceed its long term liabilities (A$123.0M).
Debt to Equity History and Analysis
Debt Level: PAC has more cash than its total debt.
Reducing Debt: PAC's debt to equity ratio has increased from 2% to 9.9% over the past 5 years.
Debt Coverage: PAC's debt is well covered by operating cash flow (34.8%).
Interest Coverage: PAC's interest payments on its debt are well covered by EBIT (25.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:10 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pacific Current Group Limited is covered by 9 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Russell Wright | Barclay Pearce Capital Pty Limited |
| April Lowis | Barrenjoey Markets Pty Limited |
| Nicholas McGarrigle | Barrenjoey Markets Pty Limited |