Perennial International Balance Sheet Health
Financial Health criteria checks 6/6
Perennial International has a total shareholder equity of HK$409.5M and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$454.9M and HK$45.3M respectively. Perennial International's EBIT is HK$26.6M making its interest coverage ratio 108.4. It has cash and short-term investments of HK$46.7M.
Key information
0%
Debt to equity ratio
HK$0
Debt
| Interest coverage ratio | 108.4x |
| Cash | HK$46.72m |
| Equity | HK$409.52m |
| Total liabilities | HK$45.33m |
| Total assets | HK$454.85m |
Recent financial health updates
These 4 Measures Indicate That Perennial International (HKG:725) Is Using Debt Reasonably Well
Nov 24
Does Perennial International (HKG:725) Have A Healthy Balance Sheet?
Oct 26We Think Perennial International (HKG:725) Can Stay On Top Of Its Debt
Mar 31Does Perennial International (HKG:725) Have A Healthy Balance Sheet?
Dec 14Recent updates
Perennial International's (HKG:725) Soft Earnings Are Actually Better Than They Appear
Apr 23Returns On Capital Signal Difficult Times Ahead For Perennial International (HKG:725)
Feb 05Perennial International's (HKG:725) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 27Return Trends At Perennial International (HKG:725) Aren't Appealing
Feb 21These 4 Measures Indicate That Perennial International (HKG:725) Is Using Debt Reasonably Well
Nov 24Returns On Capital At Perennial International (HKG:725) Have Stalled
Oct 01We Think Perennial International's (HKG:725) Robust Earnings Are Conservative
Mar 29Returns At Perennial International (HKG:725) Appear To Be Weighed Down
Mar 17Does Perennial International (HKG:725) Have A Healthy Balance Sheet?
Oct 26Slowing Rates Of Return At Perennial International (HKG:725) Leave Little Room For Excitement
Sep 01We Think Shareholders May Want To Consider A Review Of Perennial International Limited's (HKG:725) CEO Compensation Package
May 11Calculating The Fair Value Of Perennial International Limited (HKG:725)
May 05We Think Perennial International (HKG:725) Can Stay On Top Of Its Debt
Mar 31Does Perennial International (HKG:725) Have A Healthy Balance Sheet?
Dec 14Financial Position Analysis
Short Term Liabilities: 725's short term assets (HK$231.7M) exceed its short term liabilities (HK$39.1M).
Long Term Liabilities: 725's short term assets (HK$231.7M) exceed its long term liabilities (HK$6.2M).
Debt to Equity History and Analysis
Debt Level: 725 is debt free.
Reducing Debt: 725 has no debt compared to 5 years ago when its debt to equity ratio was 10.6%.
Debt Coverage: 725 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 725 has no debt, therefore coverage of interest payments is not a concern.