Best Pacific International Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Best Pacific International Holdings has a total shareholder equity of HK$3.3B and total debt of HK$1.5B, which brings its debt-to-equity ratio to 45.7%. Its total assets and total liabilities are HK$6.0B and HK$2.7B respectively. Best Pacific International Holdings's EBIT is HK$432.1M making its interest coverage ratio 4.3. It has cash and short-term investments of HK$927.8M.
Key information
45.7%
Debt to equity ratio
HK$1.51b
Debt
| Interest coverage ratio | 4.3x |
| Cash | HK$927.84m |
| Equity | HK$3.32b |
| Total liabilities | HK$2.67b |
| Total assets | HK$5.98b |
Recent financial health updates
Here's Why Best Pacific International Holdings (HKG:2111) Has A Meaningful Debt Burden
Aug 30
Is Best Pacific International Holdings (HKG:2111) A Risky Investment?
Oct 24Best Pacific International Holdings (HKG:2111) Takes On Some Risk With Its Use Of Debt
Apr 02Best Pacific International Holdings (HKG:2111) Seems To Be Using A Lot Of Debt
Dec 23
Recent updates
Best Pacific International Holdings (HKG:2111) Will Pay A Larger Dividend Than Last Year At HK$0.1138
Apr 24Best Pacific International Holdings (HKG:2111) Is Paying Out A Larger Dividend Than Last Year
Apr 10Best Pacific International Holdings Limited (HKG:2111) Surges 48% Yet Its Low P/E Is No Reason For Excitement
Mar 26Returns On Capital At Best Pacific International Holdings (HKG:2111) Have Hit The Brakes
Jan 19Best Pacific International Holdings' (HKG:2111) Dividend Will Be Reduced To HK$0.053
Aug 31Here's Why Best Pacific International Holdings (HKG:2111) Has A Meaningful Debt Burden
Aug 30Best Pacific International Holdings' (HKG:2111) Dividend Will Be Reduced To HK$0.0422
Apr 18Best Pacific International Holdings Limited (HKG:2111) Analysts Are More Bearish Than They Used To Be
Apr 02Is Best Pacific International Holdings (HKG:2111) A Risky Investment?
Oct 24Here's Why We Think Best Pacific International Holdings (HKG:2111) Is Well Worth Watching
Oct 22Best Pacific International Holdings Limited (HKG:2111) Shares Could Be 28% Below Their Intrinsic Value Estimate
Jun 14Would Best Pacific International Holdings Limited (HKG:2111) Be Valuable To Income Investors?
Apr 28Best Pacific International Holdings (HKG:2111) Takes On Some Risk With Its Use Of Debt
Apr 02Are Investors Undervaluing Best Pacific International Holdings Limited (HKG:2111) By 28%?
Mar 02What Kind Of Shareholders Hold The Majority In Best Pacific International Holdings Limited's (HKG:2111) Shares?
Feb 04Best Pacific International Holdings (HKG:2111) Seems To Be Using A Lot Of Debt
Dec 23If You Had Bought Best Pacific International Holdings' (HKG:2111) Shares Three Years Ago You Would Be Down 74%
Dec 08Financial Position Analysis
Short Term Liabilities: 2111's short term assets (HK$2.9B) exceed its short term liabilities (HK$2.1B).
Long Term Liabilities: 2111's short term assets (HK$2.9B) exceed its long term liabilities (HK$565.4M).
Debt to Equity History and Analysis
Debt Level: 2111's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: 2111's debt to equity ratio has reduced from 73.5% to 45.7% over the past 5 years.
Debt Coverage: 2111's debt is well covered by operating cash flow (66%).
Interest Coverage: 2111's interest payments on its debt are well covered by EBIT (4.3x coverage).