Parkland Balance Sheet Health
Financial Health criteria checks 2/6
Parkland has a total shareholder equity of CA$3.2B and total debt of CA$5.5B, which brings its debt-to-equity ratio to 175.8%. Its total assets and total liabilities are CA$13.9B and CA$10.8B respectively. Parkland's EBIT is CA$920.0M making its interest coverage ratio 2.7. It has cash and short-term investments of CA$396.0M.
Key information
175.8%
Debt to equity ratio
CA$5.55b
Debt
Interest coverage ratio | 2.7x |
Cash | CA$396.00m |
Equity | CA$3.15b |
Total liabilities | CA$10.75b |
Total assets | CA$13.90b |
Recent financial health updates
Is Parkland (TSE:PKI) A Risky Investment?
Jul 27We Think Parkland (TSE:PKI) Is Taking Some Risk With Its Debt
Apr 16Parkland (TSE:PKI) Takes On Some Risk With Its Use Of Debt
Nov 25Is Parkland (TSE:PKI) Using Too Much Debt?
Aug 11Parkland (TSE:PKI) Seems To Use Debt Quite Sensibly
Aug 13Recent updates
If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity
Jan 03Investors Appear Satisfied With Parkland Corporation's (TSE:PKI) Prospects
Dec 18Parkland Corporation's (TSE:PKI) Intrinsic Value Is Potentially 40% Above Its Share Price
Oct 23If EPS Growth Is Important To You, Parkland (TSE:PKI) Presents An Opportunity
Sep 26Is Parkland (TSE:PKI) A Risky Investment?
Jul 27Estimating The Intrinsic Value Of Parkland Corporation (TSE:PKI)
Jul 12We Think Parkland (TSE:PKI) Is Taking Some Risk With Its Debt
Apr 16A Look At The Intrinsic Value Of Parkland Corporation (TSE:PKI)
Mar 31Is Parkland Corporation (TSE:PKI) Trading At A 26% Discount?
Dec 27Parkland (TSE:PKI) Takes On Some Risk With Its Use Of Debt
Nov 25Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 38%?
Sep 22Is Parkland (TSE:PKI) Using Too Much Debt?
Aug 11Are Investors Undervaluing Parkland Corporation (TSE:PKI) By 43%?
Jun 14Parkland Corporation's (TSE:PKI) Intrinsic Value Is Potentially 45% Above Its Share Price
Mar 15Parkland Corporation (TSE:PKI) Shares Could Be 23% Below Their Intrinsic Value Estimate
Dec 08Parkland's (TSE:PKI) Dividend Will Be CA$0.10
Nov 16Parkland (TSE:PKI) Has Re-Affirmed Its Dividend Of CA$0.10
Oct 17Parkland (TSE:PKI) Has Re-Affirmed Its Dividend Of CA$0.10
Aug 16Parkland (TSE:PKI) Seems To Use Debt Quite Sensibly
Aug 13Financial Position Analysis
Short Term Liabilities: PKI's short term assets (CA$4.4B) exceed its short term liabilities (CA$3.2B).
Long Term Liabilities: PKI's short term assets (CA$4.4B) do not cover its long term liabilities (CA$7.5B).
Debt to Equity History and Analysis
Debt Level: PKI's net debt to equity ratio (163.3%) is considered high.
Reducing Debt: PKI's debt to equity ratio has increased from 173.6% to 175.8% over the past 5 years.
Debt Coverage: PKI's debt is well covered by operating cash flow (30.3%).
Interest Coverage: PKI's interest payments on its debt are not well covered by EBIT (2.7x coverage).