Pacific NetLtd Balance Sheet Health
Financial Health criteria checks 2/6
Pacific NetLtd has a total shareholder equity of ¥2.9B and total debt of ¥6.2B, which brings its debt-to-equity ratio to 211.8%. Its total assets and total liabilities are ¥10.2B and ¥7.3B respectively. Pacific NetLtd's EBIT is ¥694.0M making its interest coverage ratio 17.4. It has cash and short-term investments of ¥1.2B.
Key information
211.8%
Debt to equity ratio
JP¥6.21b
Debt
| Interest coverage ratio | 17.4x |
| Cash | JP¥1.24b |
| Equity | JP¥2.93b |
| Total liabilities | JP¥7.31b |
| Total assets | JP¥10.24b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3021's short term assets (¥2.1B) do not cover its short term liabilities (¥3.2B).
Long Term Liabilities: 3021's short term assets (¥2.1B) do not cover its long term liabilities (¥4.1B).
Debt to Equity History and Analysis
Debt Level: 3021's net debt to equity ratio (169.3%) is considered high.
Reducing Debt: 3021's debt to equity ratio has increased from 64.6% to 211.8% over the past 5 years.
Debt Coverage: 3021's debt is well covered by operating cash flow (40.6%).
Interest Coverage: 3021's interest payments on its debt are well covered by EBIT (17.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 08:38 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/08/31 |
| Annual Earnings | 2024/05/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pacific Net Co.,Ltd. is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Koichi Hariya | Ichiyoshi Research Institute Inc. |