Panjit International Balance Sheet Health
Financial Health criteria checks 5/6
Panjit International has a total shareholder equity of NT$14.9B and total debt of NT$9.7B, which brings its debt-to-equity ratio to 64.9%. Its total assets and total liabilities are NT$29.4B and NT$14.4B respectively. Panjit International's EBIT is NT$778.4M making its interest coverage ratio 127. It has cash and short-term investments of NT$7.0B.
Key information
64.9%
Debt to equity ratio
NT$9.70b
Debt
| Interest coverage ratio | 127x |
| Cash | NT$7.03b |
| Equity | NT$14.94b |
| Total liabilities | NT$14.42b |
| Total assets | NT$29.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNJS's short term assets (NT$15.0B) exceed its short term liabilities (NT$7.9B).
Long Term Liabilities: PNJS's short term assets (NT$15.0B) exceed its long term liabilities (NT$6.6B).
Debt to Equity History and Analysis
Debt Level: PNJS's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: PNJS's debt to equity ratio has reduced from 73.8% to 64.9% over the past 5 years.
Debt Coverage: PNJS's debt is not well covered by operating cash flow (16.8%).
Interest Coverage: PNJS's interest payments on its debt are well covered by EBIT (127x coverage).