Penta-Ocean Construction Balance Sheet Health
Financial Health criteria checks 3/6
Penta-Ocean Construction has a total shareholder equity of ¥160.2B and total debt of ¥147.2B, which brings its debt-to-equity ratio to 91.9%. Its total assets and total liabilities are ¥559.3B and ¥399.1B respectively. Penta-Ocean Construction's EBIT is ¥10.8B making its interest coverage ratio 25.3. It has cash and short-term investments of ¥47.2B.
Key information
91.9%
Debt to equity ratio
JP¥147.21b
Debt
| Interest coverage ratio | 25.3x |
| Cash | JP¥47.25b |
| Equity | JP¥160.23b |
| Total liabilities | JP¥399.12b |
| Total assets | JP¥559.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PNOC.F's short term assets (¥423.8B) exceed its short term liabilities (¥344.0B).
Long Term Liabilities: PNOC.F's short term assets (¥423.8B) exceed its long term liabilities (¥55.1B).
Debt to Equity History and Analysis
Debt Level: PNOC.F's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: PNOC.F's debt to equity ratio has increased from 65.7% to 91.9% over the past 5 years.
Debt Coverage: PNOC.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PNOC.F's interest payments on its debt are well covered by EBIT (25.3x coverage).