Pacific Millennium Packaging Group Balance Sheet Health
Financial Health criteria checks 3/6
Pacific Millennium Packaging Group has a total shareholder equity of CN¥548.5M and total debt of CN¥386.8M, which brings its debt-to-equity ratio to 70.5%. Its total assets and total liabilities are CN¥1.6B and CN¥1.1B respectively. Pacific Millennium Packaging Group's EBIT is CN¥34.2M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥73.4M.
Key information
70.5%
Debt to equity ratio
CN¥386.79m
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥73.39m |
| Equity | CN¥548.46m |
| Total liabilities | CN¥1.09b |
| Total assets | CN¥1.63b |
Recent financial health updates
Recent updates
Pacific Millennium Packaging Group (HKG:1820) Is Due To Pay A Dividend Of CN¥0.08
Aug 30
Pacific Millennium Packaging Group (HKG:1820) Has Announced A Dividend Of CN¥0.08
Jun 14Some 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¥786.4M) exceed its short term liabilities (CN¥709.2M).
Long Term Liabilities: 1820's short term assets (CN¥786.4M) exceed its long term liabilities (CN¥376.9M).
Debt to Equity History and Analysis
Debt Level: 1820's net debt to equity ratio (57.1%) is considered high.
Reducing Debt: 1820's debt to equity ratio has increased from 36.5% to 70.5% over the past 5 years.
Debt Coverage: 1820's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 1820's interest payments on its debt are not well covered by EBIT (1.1x coverage).