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).