Pacific Century Regional Developments Balance Sheet Health
Financial Health criteria checks 1/6
Pacific Century Regional Developments has a total shareholder equity of SGD323.9M and total debt of SGD186.2M, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are SGD515.0M and SGD191.1M respectively. Pacific Century Regional Developments's EBIT is SGD5.6M making its interest coverage ratio 0.4. It has cash and short-term investments of SGD11.4M.
Key information
57.5%
Debt to equity ratio
S$186.23m
Debt
| Interest coverage ratio | 0.4x |
| Cash | S$11.39m |
| Equity | S$323.89m |
| Total liabilities | S$191.14m |
| Total assets | S$515.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: P15's short term assets (SGD12.9M) exceed its short term liabilities (SGD3.8M).
Long Term Liabilities: P15's short term assets (SGD12.9M) do not cover its long term liabilities (SGD187.4M).
Debt to Equity History and Analysis
Debt Level: P15's net debt to equity ratio (54%) is considered high.
Reducing Debt: P15's debt to equity ratio has increased from 0.9% to 57.5% 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 (0.4x coverage).