Pangaea Connectivity Technology Balance Sheet Health
Financial Health criteria checks 4/6
Pangaea Connectivity Technology has a total shareholder equity of HK$218.2M and total debt of HK$280.7M, which brings its debt-to-equity ratio to 128.7%. Its total assets and total liabilities are HK$847.9M and HK$629.7M respectively.
Key information
128.7%
Debt to equity ratio
HK$280.75m
Debt
| Interest coverage ratio | n/a |
| Cash | HK$64.10m |
| Equity | HK$218.18m |
| Total liabilities | HK$629.70m |
| Total assets | HK$847.88m |
Recent financial health updates
No updates
Recent updates
Revenues Not Telling The Story For Pangaea Connectivity Technology Limited (HKG:1473)
Aug 26
Pangaea Connectivity Technology Limited's (HKG:1473) P/S Is On The Mark
Jul 27Pangaea Connectivity Technology (HKG:1473) May Have Issues Allocating Its Capital
Apr 26The Returns On Capital At Pangaea Connectivity Technology (HKG:1473) Don't Inspire Confidence
Aug 11Estimating The Fair Value Of Pangaea Connectivity Technology Limited (HKG:1473)
Jun 08Pangaea Connectivity Technology (HKG:1473) May Have Issues Allocating Its Capital
Mar 29A Look At The Fair Value Of Pangaea Connectivity Technology Limited (HKG:1473)
Feb 25Financial Position Analysis
Short Term Liabilities: 1473's short term assets (HK$760.0M) exceed its short term liabilities (HK$625.0M).
Long Term Liabilities: 1473's short term assets (HK$760.0M) exceed its long term liabilities (HK$4.7M).
Debt to Equity History and Analysis
Debt Level: 1473's net debt to equity ratio (99.3%) is considered high.
Reducing Debt: 1473's debt to equity ratio has reduced from 237.2% to 128.7% over the past 5 years.
Debt Coverage: 1473's debt is well covered by operating cash flow (35.4%).
Interest Coverage: Insufficient data to determine if 1473's interest payments on its debt are well covered by EBIT.