Palasino Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Palasino Holdings has a total shareholder equity of HK$502.9M and total debt of HK$61.5M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are HK$738.7M and HK$235.8M respectively. Palasino Holdings's EBIT is HK$49.4M making its interest coverage ratio 36.6. It has cash and short-term investments of HK$305.1M.
Key information
12.2%
Debt to equity ratio
HK$61.54m
Debt
| Interest coverage ratio | 36.6x |
| Cash | HK$305.12m |
| Equity | HK$502.85m |
| Total liabilities | HK$235.85m |
| Total assets | HK$738.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2536's short term assets (HK$327.4M) exceed its short term liabilities (HK$112.1M).
Long Term Liabilities: 2536's short term assets (HK$327.4M) exceed its long term liabilities (HK$123.8M).
Debt to Equity History and Analysis
Debt Level: 2536 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2536's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2536's debt is well covered by operating cash flow (73.8%).
Interest Coverage: 2536's interest payments on its debt are well covered by EBIT (36.6x coverage).