Parkin Company P.J.S.C Balance Sheet Health
Financial Health criteria checks 6/6
Parkin Company P.J.S.C has a total shareholder equity of AED12.6M and total debt of AED0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are AED252.2M and AED239.6M respectively.
Key information
0%
Debt to equity ratio
د.إ0
Debt
| Interest coverage ratio | 467.8x |
| Cash | n/a |
| Equity | د.إ12.61m |
| Total liabilities | د.إ239.62m |
| Total assets | د.إ252.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PARKIN's short term assets (AED190.9M) exceed its short term liabilities (AED163.6M).
Long Term Liabilities: PARKIN's short term assets (AED190.9M) exceed its long term liabilities (AED76.0M).
Debt to Equity History and Analysis
Debt Level: PARKIN is debt free.
Reducing Debt: PARKIN has not had any debt for past 5 years.
Debt Coverage: PARKIN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PARKIN has no debt, therefore coverage of interest payments is not a concern.