Parsons Balance Sheet Health
Financial Health criteria checks 5/6
Parsons has a total shareholder equity of $2.5B and total debt of $1.2B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are $5.4B and $2.9B respectively. Parsons's EBIT is $464.1M making its interest coverage ratio 12.1. It has cash and short-term investments of $269.7M.
Key information
47.9%
Debt to equity ratio
US$1.22b
Debt
| Interest coverage ratio | 12.1x |
| Cash | US$269.75m |
| Equity | US$2.55b |
| Total liabilities | US$2.90b |
| Total assets | US$5.45b |
Recent financial health updates
Does Parsons (NYSE:PSN) Have A Healthy Balance Sheet?
Apr 11
Parsons (NYSE:PSN) Has A Rock Solid Balance Sheet
Oct 06Recent updates
Returns On Capital Are Showing Encouraging Signs At Parsons (NYSE:PSN)
Apr 24Does Parsons (NYSE:PSN) Have A Healthy Balance Sheet?
Apr 11Do Parsons' (NYSE:PSN) Earnings Warrant Your Attention?
Mar 08Parsons Corporation (NYSE:PSN) May Have Run Too Fast Too Soon With Recent 32% Price Plummet
Feb 20Parsons: Stock Price Momentum Has Faded, But Business Momentum Continues
Jan 20Returns At Parsons (NYSE:PSN) Are On The Way Up
Jan 19Estimating The Fair Value Of Parsons Corporation (NYSE:PSN)
Dec 31Potential Upside For Parsons Corporation (NYSE:PSN) Not Without Risk
Dec 13Parsons: Red Hot Momentum Remains
Nov 04Parsons (NYSE:PSN) Has A Rock Solid Balance Sheet
Oct 06Parsons (NYSE:PSN) Shareholders Will Want The ROCE Trajectory To Continue
Sep 20An Intrinsic Calculation For Parsons Corporation (NYSE:PSN) Suggests It's 23% Undervalued
Sep 05
Harnessing Advanced Tech And Critical Acquisitions For Market Domination
Aug 25 Leveraging AI, cloud computing, and advanced signal processing for service differentiation aims to secure larger contracts and improve future revenue and margins.Parsons: Simply Impressive Growth, But Still A Hold
Aug 21What Does Parsons Corporation's (NYSE:PSN) Share Price Indicate?
Aug 21Many Still Looking Away From Parsons Corporation (NYSE:PSN)
Jul 26Parsons: This May Be A Hidden Gem, But I Need Proof Its Growth Is Sustainable
Jun 20Investors Met With Slowing Returns on Capital At Parsons (NYSE:PSN)
Jun 11Parsons Corporation's (NYSE:PSN) Intrinsic Value Is Potentially 31% Above Its Share Price
May 24We Think You Can Look Beyond Parsons' (NYSE:PSN) Lackluster Earnings
May 08Parsons Corporation: Impressive Recent Performance Means Lucrative Future
Apr 11Parsons: The Stock Is Not Cheap Enough Yet
Feb 28Parsons Corporation: Upside Still Not Very Attractive
Nov 17Parsons: 2023 Is Working Out So Far
Oct 15Parsons: Performance Is Good But Valuation Is Expensive
Aug 11Parsons Corporation: Getting Incrementally Positive If Momentum Continues
Jun 07Financial Position Analysis
Short Term Liabilities: PSN's short term assets ($2.4B) exceed its short term liabilities ($1.9B).
Long Term Liabilities: PSN's short term assets ($2.4B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: PSN's net debt to equity ratio (37.3%) is considered satisfactory.
Reducing Debt: PSN's debt to equity ratio has increased from 18.9% to 47.9% over the past 5 years.
Debt Coverage: PSN's debt is well covered by operating cash flow (47.1%).
Interest Coverage: PSN's interest payments on its debt are well covered by EBIT (12.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/04 02:00 |
| End of Day Share Price | 2025/05/02 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Parsons Corporation is covered by 16 analysts. 11 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 |
|---|---|
| Andrew Wittmann | Baird |
| Joshua Sullivan | Benchmark Company |
| Mariana Perez Mora | BofA Global Research |