Panjit International Balance Sheet Health
Financial Health criteria checks 5/6
Panjit International has a total shareholder equity of NT$15.2B and total debt of NT$9.5B, which brings its debt-to-equity ratio to 62.4%. Its total assets and total liabilities are NT$28.7B and NT$13.5B respectively. Panjit International's EBIT is NT$778.3M making its interest coverage ratio 41.8. It has cash and short-term investments of NT$6.5B.
Key information
62.7%
Debt to equity ratio
NT$9.52b
Debt
| Interest coverage ratio | 33.4x |
| Cash | NT$6.49b |
| Equity | NT$15.18b |
| Total liabilities | NT$13.49b |
| Total assets | NT$28.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNJA's short term assets (NT$14.2B) exceed its short term liabilities (NT$7.4B).
Long Term Liabilities: PNJA's short term assets (NT$14.2B) exceed its long term liabilities (NT$6.1B).
Debt to Equity History and Analysis
Debt Level: PNJA's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: PNJA's debt to equity ratio has reduced from 91.6% to 62.4% over the past 5 years.
Debt Coverage: PNJA's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: PNJA's interest payments on its debt are well covered by EBIT (41.8x coverage).