Pacific Basin Shipping Balance Sheet Health
Financial Health criteria checks 6/6
Pacific Basin Shipping has a total shareholder equity of $1.8B and total debt of $292.9M, which brings its debt-to-equity ratio to 16.2%. Its total assets and total liabilities are $2.4B and $605.5M respectively. Pacific Basin Shipping's EBIT is $104.5M making its interest coverage ratio 13.1. It has cash and short-term investments of $260.7M.
Key information
16.2%
Debt to equity ratio
US$292.88m
Debt
| Interest coverage ratio | 13.1x |
| Cash | US$260.69m |
| Equity | US$1.80b |
| Total liabilities | US$605.53m |
| Total assets | US$2.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCFB.F's short term assets ($570.6M) exceed its short term liabilities ($335.0M).
Long Term Liabilities: PCFB.F's short term assets ($570.6M) exceed its long term liabilities ($270.6M).
Debt to Equity History and Analysis
Debt Level: PCFB.F's net debt to equity ratio (1.8%) is considered satisfactory.
Reducing Debt: PCFB.F's debt to equity ratio has reduced from 81% to 16.2% over the past 5 years.
Debt Coverage: PCFB.F's debt is well covered by operating cash flow (103.2%).
Interest Coverage: PCFB.F's interest payments on its debt are well covered by EBIT (13.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 16:44 |
| End of Day Share Price | 2024/12/05 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
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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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
Pacific Basin Shipping Limited is covered by 29 analysts. 7 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 |
|---|---|
| Jonathan Windham | Barclays |
| Chun Lam | BOCI Research Ltd. |
| Nathan Gee | BofA Global Research |