Del Monte Pacific Balance Sheet Health
Financial Health criteria checks 2/6
Del Monte Pacific has a total shareholder equity of $210.2M and total debt of $2.3B, which brings its debt-to-equity ratio to 1071.3%. Its total assets and total liabilities are $3.1B and $2.9B respectively. Del Monte Pacific's EBIT is $27.5M making its interest coverage ratio 0.1. It has cash and short-term investments of $25.9M.
Key information
1,071.3%
Debt to equity ratio
US$2.25b
Debt
| Interest coverage ratio | 0.1x |
| Cash | US$25.88m |
| Equity | US$210.21m |
| Total liabilities | US$2.91b |
| Total assets | US$3.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X0T's short term assets ($1.4B) do not cover its short term liabilities ($1.4B).
Long Term Liabilities: X0T's short term assets ($1.4B) do not cover its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: X0T's net debt to equity ratio (1059%) is considered high.
Reducing Debt: X0T's debt to equity ratio has increased from 284.1% to 1071.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable X0T has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: X0T is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.2% per year.