Best Pacific International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Best Pacific International Holdings has a total shareholder equity of HK$3.4B and total debt of HK$1.2B, which brings its debt-to-equity ratio to 36%. Its total assets and total liabilities are HK$5.8B and HK$2.4B respectively. Best Pacific International Holdings's EBIT is HK$604.6M making its interest coverage ratio 6.9. It has cash and short-term investments of HK$756.8M.
Key information
36.0%
Debt to equity ratio
HK$1.23b
Debt
| Interest coverage ratio | 6.9x |
| Cash | HK$756.81m |
| Equity | HK$3.41b |
| Total liabilities | HK$2.42b |
| Total assets | HK$5.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NWQ's short term assets (HK$2.8B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: NWQ's short term assets (HK$2.8B) exceed its long term liabilities (HK$783.1M).
Debt to Equity History and Analysis
Debt Level: NWQ's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: NWQ's debt to equity ratio has reduced from 82.7% to 36% over the past 5 years.
Debt Coverage: NWQ's debt is well covered by operating cash flow (75%).
Interest Coverage: NWQ's interest payments on its debt are well covered by EBIT (6.9x coverage).