Pact Group Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Pact Group Holdings has a total shareholder equity of A$463.1M and total debt of A$506.6M, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are A$2.0B and A$1.5B respectively. Pact Group Holdings's EBIT is A$128.8M making its interest coverage ratio 1.5. It has cash and short-term investments of A$78.1M.
Key information
109.4%
Debt to equity ratio
AU$506.57m
Debt
| Interest coverage ratio | 1.5x |
| Cash | AU$78.12m |
| Equity | AU$463.14m |
| Total liabilities | AU$1.49b |
| Total assets | AU$1.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTTC.F's short term assets (A$493.8M) do not cover its short term liabilities (A$517.0M).
Long Term Liabilities: PTTC.F's short term assets (A$493.8M) do not cover its long term liabilities (A$973.5M).
Debt to Equity History and Analysis
Debt Level: PTTC.F's net debt to equity ratio (92.5%) is considered high.
Reducing Debt: PTTC.F's debt to equity ratio has reduced from 272.6% to 109.4% over the past 5 years.
Debt Coverage: PTTC.F's debt is well covered by operating cash flow (32.2%).
Interest Coverage: PTTC.F's interest payments on its debt are not well covered by EBIT (1.5x coverage).