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Pingtan Marine Enterprise Balance Sheet Health
Financial Health criteria checks 1/6
Key information
451.0%
Debt to equity ratio
US$369.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$4.05m |
| Equity | US$81.84m |
| Total liabilities | US$474.19m |
| Total assets | US$556.03m |
Recent financial health updates
Recent updates
Pingtan Marine climbs 18% premarket on regaining compliance with Nasdaq minimum bid price requirement
Jul 05Pingtan Marine Enterprise gets another noncompliance notice
May 28Pingtan Marine rallies on reporting 100% increase in revenue guidance for FY 2021
Jan 14Pingtan Marine Enterprise prices registered direct offering for $4M
Jan 08Should You Use Pingtan Marine Enterprise's (NASDAQ:PME) Statutory Earnings To Analyse It?
Dec 18
How Much Did Pingtan Marine Enterprise's(NASDAQ:PME) Shareholders Earn From Share Price Movements Over The Last Three Years?
Nov 30Pingtan Marine reports Q3 results
Nov 09Financial Position Analysis
Short Term Liabilities: PME's short term assets ($215.6M) do not cover its short term liabilities ($288.6M).
Long Term Liabilities: PME's short term assets ($215.6M) exceed its long term liabilities ($185.6M).
Debt to Equity History and Analysis
Debt Level: PME's net debt to equity ratio (446%) is considered high.
Reducing Debt: PME's debt to equity ratio has increased from 42.3% to 451% over the past 5 years.
Debt Coverage: PME's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: Insufficient data to determine if PME's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/03/02 19:51 |
| End of Day Share Price | 2023/02/28 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Pingtan Marine Enterprise Ltd. is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Yi Chen | Aegis Capital Corporation |
| Li Wu | Tianfeng Securities Brokerage Co., Ltd |