Pacific Textiles Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Pacific Textiles Holdings has a total shareholder equity of HK$3.0B and total debt of HK$1.3B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are HK$5.4B and HK$2.4B respectively. Pacific Textiles Holdings's EBIT is HK$265.1M making its interest coverage ratio 6.4. It has cash and short-term investments of HK$864.6M.
Key information
42.7%
Debt to equity ratio
HK$1.28b
Debt
| Interest coverage ratio | 6.4x |
| Cash | HK$864.57m |
| Equity | HK$3.00b |
| Total liabilities | HK$2.37b |
| Total assets | HK$5.38b |
Recent financial health updates
Recent updates
Market Participants Recognise Pacific Textiles Holdings Limited's (HKG:1382) Earnings Pushing Shares 25% Higher
Apr 15
Pacific Textiles Holdings Limited's (HKG:1382) Intrinsic Value Is Potentially 83% Above Its Share Price
Jan 22Pacific Textiles Holdings' (HKG:1382) Soft Earnings Are Actually Better Than They Appear
Dec 18Pacific Textiles Holdings Limited (HKG:1382) Analysts Are Reducing Their Forecasts For This Year
Dec 10Pacific Textiles Holdings (HKG:1382) Will Pay A Smaller Dividend Than Last Year
Aug 07Pacific Textiles Holdings' (HKG:1382) Dividend Will Be Reduced To HK$0.04
Jul 20Revenue Downgrade: Here's What Analysts Forecast For Pacific Textiles Holdings Limited (HKG:1382)
Jun 28Pacific Textiles Holdings' (HKG:1382) Dividend Is Being Reduced To HK$0.04
Jun 27Pacific Textiles Holdings (HKG:1382) Is Reducing Its Dividend To HK$0.14
Jul 12Pacific Textiles Holdings' (HKG:1382) Dividend Will Be Reduced To HK$0.14
Jun 26Investors Could Be Concerned With Pacific Textiles Holdings' (HKG:1382) Returns On Capital
Dec 06Should Shareholders Reconsider Pacific Textiles Holdings Limited's (HKG:1382) CEO Compensation Package?
Aug 05Pacific Textiles Holdings' (HKG:1382) Problems Go Beyond Weak Profit
Jul 19Pacific Textiles Holdings (HKG:1382) Is Paying Out A Larger Dividend Than Last Year
Jun 27Is Pacific Textiles Holdings Limited (HKG:1382) Trading At A 26% Discount?
May 25Is Pacific Textiles Holdings Limited (HKG:1382) An Attractive Dividend Stock?
May 04Pacific Textiles Holdings (HKG:1382) Could Be Struggling To Allocate Capital
Mar 29If You Had Bought Pacific Textiles Holdings (HKG:1382) Shares Five Years Ago You'd Have A Total Return Of Negative 25%
Mar 17Pacific Textiles Holdings Limited's (HKG:1382) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Mar 05A Look At The Intrinsic Value Of Pacific Textiles Holdings Limited (HKG:1382)
Feb 21Have Insiders Been Buying Pacific Textiles Holdings Limited (HKG:1382) Shares?
Feb 10Read This Before Buying Pacific Textiles Holdings Limited (HKG:1382) For Its Dividend
Jan 30
What Is The Ownership Structure Like For Pacific Textiles Holdings Limited (HKG:1382)?
Jan 19How Should Investors Feel About Pacific Textiles Holdings' (HKG:1382) CEO Remuneration?
Jan 08Returns On Capital At Pacific Textiles Holdings (HKG:1382) Paint A Concerning Picture
Dec 29Pacific Textiles Holdings (HKG:1382) Seems To Use Debt Quite Sensibly
Dec 18Reflecting on Pacific Textiles Holdings'(HKG:1382) Total Shareholder Returns Over The Last Five Years
Dec 08It Might Not Be A Great Idea To Buy Pacific Textiles Holdings Limited (HKG:1382) For Its Next Dividend
Nov 27Are Pacific Textiles Holdings Limited (HKG:1382) Investors Paying Above The Intrinsic Value?
Nov 21Financial Position Analysis
Short Term Liabilities: 1382's short term assets (HK$2.7B) exceed its short term liabilities (HK$2.2B).
Long Term Liabilities: 1382's short term assets (HK$2.7B) exceed its long term liabilities (HK$221.7M).
Debt to Equity History and Analysis
Debt Level: 1382's net debt to equity ratio (13.9%) is considered satisfactory.
Reducing Debt: 1382's debt to equity ratio has increased from 12.2% to 42.7% over the past 5 years.
Debt Coverage: 1382's debt is well covered by operating cash flow (48.7%).
Interest Coverage: 1382's interest payments on its debt are well covered by EBIT (6.4x coverage).