Polyard Petroleum International Group Balance Sheet Health
Financial Health criteria checks 4/6
Polyard Petroleum International Group has a total shareholder equity of HK$314.9M and total debt of HK$111.0M, which brings its debt-to-equity ratio to 35.2%. Its total assets and total liabilities are HK$546.5M and HK$231.6M respectively.
Key information
35.2%
Debt to equity ratio
HK$110.98m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$3.11m |
| Equity | HK$314.91m |
| Total liabilities | HK$231.58m |
| Total assets | HK$546.49m |
Recent financial health updates
Does Polyard Petroleum International Group (HKG:8011) Have A Healthy Balance Sheet?
Oct 07
Is Polyard Petroleum International Group (HKG:8011) Using Too Much Debt?
May 03Polyard Petroleum International Group (HKG:8011) Is Carrying A Fair Bit Of Debt
Nov 24
Recent updates
Polyard Petroleum International Group's (HKG:8011) Profits Appear To Have Quality Issues
Aug 22Does Polyard Petroleum International Group (HKG:8011) Have A Healthy Balance Sheet?
Oct 07Is Polyard Petroleum International Group (HKG:8011) Using Too Much Debt?
May 03Polyard Petroleum International Group Limited (HKG:8011) Insiders Increased Their Holdings
Mar 09Polyard Petroleum International Group (HKG:8011) Is Carrying A Fair Bit Of Debt
Nov 24Financial Position Analysis
Short Term Liabilities: 8011's short term assets (HK$58.1M) do not cover its short term liabilities (HK$199.0M).
Long Term Liabilities: 8011's short term assets (HK$58.1M) exceed its long term liabilities (HK$32.6M).
Debt to Equity History and Analysis
Debt Level: 8011's net debt to equity ratio (34.3%) is considered satisfactory.
Reducing Debt: 8011's debt to equity ratio has reduced from 93.1% to 35.2% over the past 5 years.
Debt Coverage: 8011's debt is well covered by operating cash flow (36.5%).
Interest Coverage: Insufficient data to determine if 8011's interest payments on its debt are well covered by EBIT.