Pacific Current Group Balance Sheet Health
Financial Health criteria checks 5/6
Pacific Current Group has a total shareholder equity of A$499.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$630.4M and A$131.3M respectively. Pacific Current Group's EBIT is A$61.6M making its interest coverage ratio 10.8. It has cash and short-term investments of A$17.6M.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | 10.8x |
| Cash | AU$17.60m |
| Equity | AU$499.07m |
| Total liabilities | AU$131.28m |
| Total assets | AU$630.35m |
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$38.0M) exceed its short term liabilities (A$25.4M).
Long Term Liabilities: PAC's short term assets (A$38.0M) do not cover its long term liabilities (A$105.8M).
Debt to Equity History and Analysis
Debt Level: PAC is debt free.
Reducing Debt: PAC has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: PAC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAC has no debt, therefore coverage of interest payments is not a concern.