PAX Global Technology Balance Sheet Health
Financial Health criteria checks 6/6
PAX Global Technology has a total shareholder equity of HK$7.5B and total debt of HK$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are HK$9.1B and HK$1.6B respectively. PAX Global Technology's EBIT is HK$1.2B making its interest coverage ratio -38.4. It has cash and short-term investments of HK$2.9B.
Key information
0%
Debt to equity ratio
HK$0
Debt
Interest coverage ratio | -38.4x |
Cash | HK$2.92b |
Equity | HK$7.49b |
Total liabilities | HK$1.59b |
Total assets | HK$9.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXGY.F's short term assets (HK$7.6B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: PXGY.F's short term assets (HK$7.6B) exceed its long term liabilities (HK$100.3M).
Debt to Equity History and Analysis
Debt Level: PXGY.F is debt free.
Reducing Debt: PXGY.F has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: PXGY.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PXGY.F has no debt, therefore coverage of interest payments is not a concern.