Paradise Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
Paradise Entertainment has a total shareholder equity of HK$333.3M and total debt of HK$169.4M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are HK$609.9M and HK$276.6M respectively. Paradise Entertainment's EBIT is HK$172.9M making its interest coverage ratio 13.9. It has cash and short-term investments of HK$128.1M.
Key information
50.8%
Debt to equity ratio
HK$169.40m
Debt
| Interest coverage ratio | 13.9x |
| Cash | HK$128.13m |
| Equity | HK$333.32m |
| Total liabilities | HK$276.59m |
| Total assets | HK$609.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDSS.F's short term assets (HK$278.2M) exceed its short term liabilities (HK$143.8M).
Long Term Liabilities: PDSS.F's short term assets (HK$278.2M) exceed its long term liabilities (HK$132.8M).
Debt to Equity History and Analysis
Debt Level: PDSS.F's net debt to equity ratio (12.4%) is considered satisfactory.
Reducing Debt: PDSS.F's debt to equity ratio has increased from 14.2% to 50.8% over the past 5 years.
Debt Coverage: PDSS.F's debt is well covered by operating cash flow (61%).
Interest Coverage: PDSS.F's interest payments on its debt are well covered by EBIT (13.9x coverage).