Panjit International Balance Sheet Health
Financial Health criteria checks 6/6
Panjit International has a total shareholder equity of NT$14.6B and total debt of NT$9.5B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are NT$28.7B and NT$14.0B respectively. Panjit International's EBIT is NT$833.7M making its interest coverage ratio 36.9. It has cash and short-term investments of NT$6.4B.
Key information
65.2%
Debt to equity ratio
NT$9.54b
Debt
| Interest coverage ratio | 36.9x |
| Cash | NT$6.40b |
| Equity | NT$14.63b |
| Total liabilities | NT$14.05b |
| Total assets | NT$28.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNJA's short term assets (NT$14.3B) exceed its short term liabilities (NT$7.1B).
Long Term Liabilities: PNJA's short term assets (NT$14.3B) exceed its long term liabilities (NT$6.9B).
Debt to Equity History and Analysis
Debt Level: PNJA's net debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: PNJA's debt to equity ratio has reduced from 81.7% to 65.2% over the past 5 years.
Debt Coverage: PNJA's debt is well covered by operating cash flow (21.4%).
Interest Coverage: PNJA's interest payments on its debt are well covered by EBIT (36.9x coverage).