Paradise Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
Paradise Entertainment has a total shareholder equity of HK$333.3M and total debt of HK$169.4M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are HK$609.9M and HK$276.6M respectively. Paradise Entertainment's EBIT is HK$172.9M making its interest coverage ratio 13.9. It has cash and short-term investments of HK$128.1M.
Key information
50.8%
Debt to equity ratio
HK$169.40m
Debt
| Interest coverage ratio | 13.9x |
| Cash | HK$128.13m |
| Equity | HK$333.32m |
| Total liabilities | HK$276.59m |
| Total assets | HK$609.90m |
Recent financial health updates
Paradise Entertainment (HKG:1180) Is Carrying A Fair Bit Of Debt
May 15
Here's Why Paradise Entertainment (HKG:1180) Can Afford Some Debt
Oct 28Here's Why Paradise Entertainment (HKG:1180) Can Afford Some Debt
Apr 07Would Paradise Entertainment (HKG:1180) Be Better Off With Less Debt?
Apr 26Recent updates
Paradise Entertainment (HKG:1180) Is Carrying A Fair Bit Of Debt
May 15Here's Why Paradise Entertainment (HKG:1180) Can Afford Some Debt
Oct 28Here's Why Paradise Entertainment (HKG:1180) Can Afford Some Debt
Apr 07Would Paradise Entertainment (HKG:1180) Be Better Off With Less Debt?
Apr 26What Kind Of Investors Own Most Of Paradise Entertainment Limited (HKG:1180)?
Jan 28
Paradise Entertainment (HKG:1180) Shareholders Have Enjoyed A 43% Share Price Gain
Dec 05Financial Position Analysis
Short Term Liabilities: 1180's short term assets (HK$278.2M) exceed its short term liabilities (HK$143.8M).
Long Term Liabilities: 1180's short term assets (HK$278.2M) exceed its long term liabilities (HK$132.8M).
Debt to Equity History and Analysis
Debt Level: 1180's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: 1180's debt to equity ratio has increased from 14.2% to 50.8% over the past 5 years.
Debt Coverage: 1180's debt is well covered by operating cash flow (107.9%).
Interest Coverage: 1180's interest payments on its debt are well covered by EBIT (13.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 16:55 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paradise Entertainment Limited is covered by 8 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Ronald Leung | BofA Global Research |
| P. Ting | CGS International |
| Angela Han Lee | China Merchants Securities (HK) Co., Ltd |