Del Monte Pacific Balance Sheet Health
Financial Health criteria checks 1/6
Del Monte Pacific has a total shareholder equity of $456.1M and total debt of $2.1B, which brings its debt-to-equity ratio to 460.3%. Its total assets and total liabilities are $3.3B and $2.8B respectively. Del Monte Pacific's EBIT is $283.7M making its interest coverage ratio 2.1. It has cash and short-term investments of $20.9M.
Key information
460.3%
Debt to equity ratio
US$2.10b
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$20.85m |
| Equity | US$456.10m |
| Total liabilities | US$2.83b |
| Total assets | US$3.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DMPA2's short term assets ($1.7B) do not cover its short term liabilities ($1.7B).
Long Term Liabilities: DMPA2's short term assets ($1.7B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: DMPA2's net debt to equity ratio (455.7%) is considered high.
Reducing Debt: DMPA2's debt to equity ratio has increased from 347.1% to 460.3% over the past 5 years.
Debt Coverage: DMPA2's debt is not well covered by operating cash flow (10.7%).
Interest Coverage: DMPA2's interest payments on its debt are not well covered by EBIT (2.1x coverage).