Pacific Construction Balance Sheet Health
Financial Health criteria checks 5/6
Pacific Construction has a total shareholder equity of NT$8.7B and total debt of NT$2.3B, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are NT$13.4B and NT$4.6B respectively. Pacific Construction's EBIT is NT$104.5M making its interest coverage ratio -2. It has cash and short-term investments of NT$2.3B.
Key information
26.0%
Debt to equity ratio
NT$2.28b
Debt
| Interest coverage ratio | -2x |
| Cash | NT$2.33b |
| Equity | NT$8.74b |
| Total liabilities | NT$4.63b |
| Total assets | NT$13.37b |
Recent financial health updates
Pacific Construction (TPE:2506) Has Debt But No Earnings; Should You Worry?
Mar 09
Is Pacific Construction (TPE:2506) Using Debt Sensibly?
Nov 24
Recent updates
Pacific Construction Co., Ltd's (TWSE:2506) Shares Climb 29% But Its Business Is Yet to Catch Up
Apr 18Pacific Construction's (TWSE:2506) Problems Go Beyond Weak Profit
Mar 25Pacific Construction (TPE:2506) Has Debt But No Earnings; Should You Worry?
Mar 09Reflecting on Pacific Construction's (TPE:2506) Share Price Returns Over The Last Five Years
Jan 15Is Pacific Construction (TPE:2506) Using Debt Sensibly?
Nov 24Financial Position Analysis
Short Term Liabilities: 2506's short term assets (NT$7.5B) exceed its short term liabilities (NT$3.6B).
Long Term Liabilities: 2506's short term assets (NT$7.5B) exceed its long term liabilities (NT$1.0B).
Debt to Equity History and Analysis
Debt Level: 2506 has more cash than its total debt.
Reducing Debt: 2506's debt to equity ratio has reduced from 50.3% to 26% over the past 5 years.
Debt Coverage: 2506's debt is not well covered by operating cash flow (15.7%).
Interest Coverage: 2506 earns more interest than it pays, so coverage of interest payments is not a concern.