Pioneer Global Group Balance Sheet Health
Financial Health criteria checks 2/6
Pioneer Global Group has a total shareholder equity of HK$8.7B and total debt of HK$2.3B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are HK$11.1B and HK$2.4B respectively. Pioneer Global Group's EBIT is HK$164.2M making its interest coverage ratio 1.6. It has cash and short-term investments of HK$214.9M.
Key information
26.3%
Debt to equity ratio
HK$2.28b
Debt
| Interest coverage ratio | 1.6x |
| Cash | HK$214.87m |
| Equity | HK$8.67b |
| Total liabilities | HK$2.44b |
| Total assets | HK$11.12b |
Recent financial health updates
Does Pioneer Global Group (HKG:224) Have A Healthy Balance Sheet?
Jan 02
Does Pioneer Global Group (HKG:224) Have A Healthy Balance Sheet?
Jan 18Here's Why Pioneer Global Group (HKG:224) Is Weighed Down By Its Debt Load
Dec 02Recent updates
Does Pioneer Global Group (HKG:224) Have A Healthy Balance Sheet?
Jan 02Pioneer Global Group (HKG:224) Is Paying Out Less In Dividends Than Last Year
Sep 12Pioneer Global Group's (HKG:224) Dividend Is Being Reduced To HK$0.015
Aug 28Does Pioneer Global Group (HKG:224) Have A Healthy Balance Sheet?
Jan 18Calculating The Intrinsic Value Of Pioneer Global Group Limited (HKG:224)
Apr 18What Kind Of Shareholders Hold The Majority In Pioneer Global Group Limited's (HKG:224) Shares?
Feb 28How Much Is Pioneer Global Group Limited (HKG:224) CEO Getting Paid?
Feb 10
What Type Of Returns Would Pioneer Global Group's(HKG:224) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Jan 23Estimating The Fair Value Of Pioneer Global Group Limited (HKG:224)
Jan 06Executive Chairman Wang Gaw Just Bought A Handful Of Shares In Pioneer Global Group Limited (HKG:224)
Dec 19Here's Why Pioneer Global Group (HKG:224) Is Weighed Down By Its Debt Load
Dec 02Read This Before Selling Pioneer Global Group Limited (HKG:224) Shares
Jun 22Financial Position Analysis
Short Term Liabilities: 224's short term assets (HK$242.2M) do not cover its short term liabilities (HK$1.3B).
Long Term Liabilities: 224's short term assets (HK$242.2M) do not cover its long term liabilities (HK$1.1B).
Debt to Equity History and Analysis
Debt Level: 224's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: 224's debt to equity ratio has reduced from 28.9% to 26.3% over the past 5 years.
Debt Coverage: 224's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: 224's interest payments on its debt are not well covered by EBIT (1.6x coverage).