Pacific Millennium Packaging Group Balance Sheet Health
Financial Health criteria checks 5/6
Pacific Millennium Packaging Group has a total shareholder equity of CN¥585.4M and total debt of CN¥372.4M, which brings its debt-to-equity ratio to 63.6%. Its total assets and total liabilities are CN¥1.7B and CN¥1.1B respectively. Pacific Millennium Packaging Group's EBIT is CN¥57.0M making its interest coverage ratio 2. It has cash and short-term investments of CN¥166.4M.
Key information
63.6%
Debt to equity ratio
CN¥372.35m
Debt
| Interest coverage ratio | 2x |
| Cash | CN¥166.39m |
| Equity | CN¥585.38m |
| Total liabilities | CN¥1.08b |
| Total assets | CN¥1.66b |
Recent financial health updates
Recent updates
Pacific Millennium Packaging Group (HKG:1820) Has Announced A Dividend Of CN¥0.08
Jun 14
Some Investors May Be Willing To Look Past Pacific Millennium Packaging Group's (HKG:1820) Soft Earnings
Apr 29Pacific Millennium Packaging Group (HKG:1820) Has Affirmed Its Dividend Of CN¥0.08
Apr 25Pacific Millennium Packaging Group (HKG:1820) Has Affirmed Its Dividend Of CN¥0.08
Aug 31Pacific Millennium Packaging Group's (HKG:1820) Shareholders Will Receive A Smaller Dividend Than Last Year
May 26Pacific Millennium Packaging Group (HKG:1820) Is Reducing Its Dividend To HK$0.08
Apr 27Pacific Millennium Packaging Group's (HKG:1820) Problems Go Beyond Weak Profit
Sep 27Here's Why Pacific Millennium Packaging Group (HKG:1820) Can Manage Its Debt Responsibly
May 18Here's What You Should Know About Pacific Millennium Packaging Group Corporation's (HKG:1820) 5.1% Dividend Yield
Apr 30The Returns At Pacific Millennium Packaging Group (HKG:1820) Aren't Growing
Mar 31Pacific Millennium Packaging Group Corporation's (HKG:1820) Stock Has Fared Decently: Is the Market Following Strong Financials?
Feb 28Investors Who Bought Pacific Millennium Packaging Group (HKG:1820) Shares A Year Ago Are Now Up 27%
Feb 01You Have To Love Pacific Millennium Packaging Group Corporation's (HKG:1820) Dividend
Jan 06
Here's What To Make Of Pacific Millennium Packaging Group's (HKG:1820) Returns On Capital
Dec 11Is Pacific Millennium Packaging Group Corporation's (HKG:1820) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Nov 20Financial Position Analysis
Short Term Liabilities: 1820's short term assets (CN¥874.7M) exceed its short term liabilities (CN¥755.5M).
Long Term Liabilities: 1820's short term assets (CN¥874.7M) exceed its long term liabilities (CN¥320.9M).
Debt to Equity History and Analysis
Debt Level: 1820's net debt to equity ratio (35.2%) is considered satisfactory.
Reducing Debt: 1820's debt to equity ratio has reduced from 66.2% to 63.6% over the past 5 years.
Debt Coverage: 1820's debt is well covered by operating cash flow (45%).
Interest Coverage: 1820's interest payments on its debt are not well covered by EBIT (2x coverage).