Pine Care Group Balance Sheet Health
Financial Health criteria checks 0/6
Pine Care Group has a total shareholder equity of HK$173.1M and total debt of HK$586.1M, which brings its debt-to-equity ratio to 338.6%. Its total assets and total liabilities are HK$1.0B and HK$854.8M respectively. Pine Care Group's EBIT is HK$14.1M making its interest coverage ratio 1.4. It has cash and short-term investments of HK$13.3M.
Key information
338.6%
Debt to equity ratio
HK$586.14m
Debt
| Interest coverage ratio | 1.4x |
| Cash | HK$13.31m |
| Equity | HK$173.10m |
| Total liabilities | HK$854.83m |
| Total assets | HK$1.03b |
Recent financial health updates
Recent updates
Some Investors May Be Worried About Pine Care Group's (HKG:1989) Returns On Capital
Apr 08
Pine Care Group (HKG:1989) Could Be Struggling To Allocate Capital
Sep 30Pine Care Group (HKG:1989) Might Be Having Difficulty Using Its Capital Effectively
Jun 05Estimating The Intrinsic Value Of Pine Care Group Limited (HKG:1989)
May 10If You Like EPS Growth Then Check Out Pine Care Group (HKG:1989) Before It's Too Late
Mar 21Is Pine Care Group (HKG:1989) Likely To Turn Things Around?
Mar 07Is Pine Care Group Limited's (HKG:1989) ROE Of 7.9% Impressive?
Feb 23Update: Pine Care Group (HKG:1989) Stock Gained 49% In The Last Three Years
Feb 10
Pine Care Group Limited (HKG:1989) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Jan 28What Kind Of Shareholders Hold The Majority In Pine Care Group Limited's (HKG:1989) Shares?
Jan 21Have Insiders Sold Pine Care Group Limited (HKG:1989) Shares Recently?
Dec 24I Ran A Stock Scan For Earnings Growth And Pine Care Group (HKG:1989) Passed With Ease
Dec 10Is Pine Care Group (HKG:1989) Likely To Turn Things Around?
Nov 25Financial Position Analysis
Short Term Liabilities: 1989's short term assets (HK$26.1M) do not cover its short term liabilities (HK$173.6M).
Long Term Liabilities: 1989's short term assets (HK$26.1M) do not cover its long term liabilities (HK$681.2M).
Debt to Equity History and Analysis
Debt Level: 1989's net debt to equity ratio (330.9%) is considered high.
Reducing Debt: 1989's debt to equity ratio has increased from 66.7% to 338.6% over the past 5 years.
Debt Coverage: 1989's debt is not well covered by operating cash flow (10.5%).
Interest Coverage: 1989's interest payments on its debt are not well covered by EBIT (1.4x coverage).