Pact Group Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Pact Group Holdings has a total shareholder equity of A$474.2M and total debt of A$487.1M, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are A$2.0B and A$1.5B respectively. Pact Group Holdings's EBIT is A$119.6M making its interest coverage ratio -92. It has cash and short-term investments of A$69.0M.
Key information
102.7%
Debt to equity ratio
AU$487.13m
Debt
| Interest coverage ratio | -92x |
| Cash | AU$68.98m |
| Equity | AU$474.18m |
| Total liabilities | AU$1.48b |
| Total assets | AU$1.95b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 27P's short term assets (A$480.8M) do not cover its short term liabilities (A$537.6M).
Long Term Liabilities: 27P's short term assets (A$480.8M) do not cover its long term liabilities (A$940.4M).
Debt to Equity History and Analysis
Debt Level: 27P's net debt to equity ratio (88.2%) is considered high.
Reducing Debt: 27P's debt to equity ratio has reduced from 229.3% to 102.7% over the past 5 years.
Debt Coverage: 27P's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 27P earns more interest than it pays, so coverage of interest payments is not a concern.