Pico Far East Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Pico Far East Holdings has a total shareholder equity of HK$2.3B and total debt of HK$389.9M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are HK$5.1B and HK$2.7B respectively. Pico Far East Holdings's EBIT is HK$324.8M making its interest coverage ratio 12.9. It has cash and short-term investments of HK$1.3B.
Key information
16.7%
Debt to equity ratio
HK$389.86m
Debt
| Interest coverage ratio | 12.9x |
| Cash | HK$1.31b |
| Equity | HK$2.33b |
| Total liabilities | HK$2.73b |
| Total assets | HK$5.06b |
Recent financial health updates
Recent updates
Increases to CEO Compensation Might Be Put On Hold For Now at Pico Far East Holdings Limited (HKG:752)
Mar 11
Pico Far East Holdings (HKG:752) Is Increasing Its Dividend To HK$0.06
Feb 01Pico Far East Holdings (HKG:752) Will Pay A Larger Dividend Than Last Year At HK$0.05
Mar 27Pico Far East Holdings (HKG:752) Will Pay A Larger Dividend Than Last Year At HK$0.05
Feb 19Pico Far East Holdings' (HKG:752) Returns On Capital Not Reflecting Well On The Business
Jun 09Does Pico Far East Holdings (HKG:752) Have A Healthy Balance Sheet?
Mar 24At HK$1.27, Is It Time To Put Pico Far East Holdings Limited (HKG:752) On Your Watch List?
Mar 11Estimating The Fair Value Of Pico Far East Holdings Limited (HKG:752)
Feb 24Our Take On The Returns On Capital At Pico Far East Holdings (HKG:752)
Feb 11Does Pico Far East Holdings Limited (HKG:752) Have A Place In Your Dividend Stock Portfolio?
Jan 29What Type Of Shareholders Make Up Pico Far East Holdings Limited's (HKG:752) Share Registry?
Jan 11
Have Pico Far East Holdings Limited (HKG:752) Insiders Been Selling Their Stock?
Dec 16Are Insiders Buying Pico Far East Holdings Limited (HKG:752) Stock?
Nov 30Financial Position Analysis
Short Term Liabilities: 752's short term assets (HK$3.5B) exceed its short term liabilities (HK$2.3B).
Long Term Liabilities: 752's short term assets (HK$3.5B) exceed its long term liabilities (HK$394.2M).
Debt to Equity History and Analysis
Debt Level: 752 has more cash than its total debt.
Reducing Debt: 752's debt to equity ratio has increased from 5.4% to 16.7% over the past 5 years.
Debt Coverage: 752's debt is well covered by operating cash flow (118.1%).
Interest Coverage: 752's interest payments on its debt are well covered by EBIT (12.9x coverage).