PACS Group Balance Sheet Health
Financial Health criteria checks 3/6
PACS Group has a total shareholder equity of $578.2M and total debt of $490.9M, which brings its debt-to-equity ratio to 84.9%. Its total assets and total liabilities are $3.9B and $3.3B respectively. PACS Group's EBIT is $218.7M making its interest coverage ratio 4.5. It has cash and short-term investments of $73.4M.
Key information
84.9%
Debt to equity ratio
US$490.85m
Debt
| Interest coverage ratio | 4.5x |
| Cash | US$73.37m |
| Equity | US$578.23m |
| Total liabilities | US$3.32b |
| Total assets | US$3.90b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: PACS's short term assets ($800.6M) exceed its short term liabilities ($468.1M).
Long Term Liabilities: PACS's short term assets ($800.6M) do not cover its long term liabilities ($2.9B).
Debt to Equity History and Analysis
Debt Level: PACS's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: Insufficient data to determine if PACS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PACS's debt is well covered by operating cash flow (20.2%).
Interest Coverage: PACS's interest payments on its debt are well covered by EBIT (4.5x coverage).