Pioneer Global Group Balance Sheet Health
Financial Health criteria checks 2/6
Pioneer Global Group has a total shareholder equity of HK$8.6B and total debt of HK$2.3B, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are HK$11.0B and HK$2.4B respectively. Pioneer Global Group's EBIT is HK$72.5M making its interest coverage ratio 0.6. It has cash and short-term investments of HK$302.5M.
Key information
26.6%
Debt to equity ratio
HK$2.28b
Debt
Interest coverage ratio | 0.6x |
Cash | HK$302.50m |
Equity | HK$8.59b |
Total liabilities | HK$2.44b |
Total assets | HK$11.02b |
Recent financial health updates
Does Pioneer Global Group (HKG:224) Have A Healthy Balance Sheet?
Jan 02Does 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
Estimating The Intrinsic Value Of Pioneer Global Group Limited (HKG:224)
May 24Does 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 10What 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$332.0M) do not cover its short term liabilities (HK$1.7B).
Long Term Liabilities: 224's short term assets (HK$332.0M) do not cover its long term liabilities (HK$772.8M).
Debt to Equity History and Analysis
Debt Level: 224's net debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: 224's debt to equity ratio has reduced from 27.9% to 26.6% 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 (0.6x coverage).