Pacific Century Regional Developments Balance Sheet Health
Financial Health criteria checks 1/6
Pacific Century Regional Developments has a total shareholder equity of SGD198.5M and total debt of SGD209.2M, which brings its debt-to-equity ratio to 105.4%. Its total assets and total liabilities are SGD523.4M and SGD324.9M respectively. Pacific Century Regional Developments's EBIT is SGD11.4M making its interest coverage ratio 0.9. It has cash and short-term investments of SGD115.5M.
Key information
105.4%
Debt to equity ratio
S$209.21m
Debt
| Interest coverage ratio | 0.9x |
| Cash | S$115.52m |
| Equity | S$198.55m |
| Total liabilities | S$324.86m |
| Total assets | S$523.41m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: P15's short term assets (SGD151.7M) exceed its short term liabilities (SGD115.0M).
Long Term Liabilities: P15's short term assets (SGD151.7M) do not cover its long term liabilities (SGD209.9M).
Debt to Equity History and Analysis
Debt Level: P15's net debt to equity ratio (47.2%) is considered high.
Reducing Debt: P15's debt to equity ratio has increased from 19.4% to 105.4% over the past 5 years.
Debt Coverage: P15's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: P15's interest payments on its debt are not well covered by EBIT (0.9x coverage).