Park Lawn Balance Sheet Health

Financial Health criteria checks 4/6

Park Lawn has a total shareholder equity of $537.2M and total debt of $223.2M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are $1.3B and $734.6M respectively. Park Lawn's EBIT is $43.9M making its interest coverage ratio 3.5. It has cash and short-term investments of $17.7M.

Key information

41.6%

Debt to equity ratio

US$223.22m

Debt

Interest coverage ratio3.5x
CashUS$17.69m
EquityUS$537.17m
Total liabilitiesUS$734.62m
Total assetsUS$1.27b

Recent financial health updates

Recent updates

Is There Now An Opportunity In Park Lawn Corporation (TSE:PLC)?

Jan 26
Is There Now An Opportunity In Park Lawn Corporation (TSE:PLC)?

Is Park Lawn (TSE:PLC) Using Too Much Debt?

Dec 11
Is Park Lawn (TSE:PLC) Using Too Much Debt?

What Is Park Lawn Corporation's (TSE:PLC) Share Price Doing?

Sep 18
What Is Park Lawn Corporation's (TSE:PLC) Share Price Doing?

Is Park Lawn (TSE:PLC) A Risky Investment?

Jun 01
Is Park Lawn (TSE:PLC) A Risky Investment?

Is Now The Time To Look At Buying Park Lawn Corporation (TSE:PLC)?

May 12
Is Now The Time To Look At Buying Park Lawn Corporation (TSE:PLC)?

Park Lawn (TSE:PLC) Seems To Use Debt Quite Sensibly

Feb 17
Park Lawn (TSE:PLC) Seems To Use Debt Quite Sensibly

Park Lawn (TSE:PLC) Has Re-Affirmed Its Dividend Of CA$0.038

Dec 25
Park Lawn (TSE:PLC) Has Re-Affirmed Its Dividend Of CA$0.038

Is Park Lawn (TSE:PLC) A Risky Investment?

Nov 14
Is Park Lawn (TSE:PLC) A Risky Investment?

Park Lawn (TSE:PLC) Will Pay A Dividend Of CA$0.038

Sep 26
Park Lawn (TSE:PLC) Will Pay A Dividend Of CA$0.038

Park Lawn (TSE:PLC) Has Announced A Dividend Of CA$0.038

Aug 28
Park Lawn (TSE:PLC) Has Announced A Dividend Of CA$0.038

Park Lawn (TSE:PLC) Has Announced A Dividend Of CA$0.038

Jul 26
Park Lawn (TSE:PLC) Has Announced A Dividend Of CA$0.038

Park Lawn (TSE:PLC) Is Due To Pay A Dividend Of CA$0.038

Jun 26
Park Lawn (TSE:PLC) Is Due To Pay A Dividend Of CA$0.038

Why Park Lawn Corporation (TSE:PLC) Could Be Worth Watching

May 25
Why Park Lawn Corporation (TSE:PLC) Could Be Worth Watching

Park Lawn (TSE:PLC) Has A Pretty Healthy Balance Sheet

May 07
Park Lawn (TSE:PLC) Has A Pretty Healthy Balance Sheet

Here's Why I Think Park Lawn (TSE:PLC) Is An Interesting Stock

Apr 06
Here's Why I Think Park Lawn (TSE:PLC) Is An Interesting Stock

Three Things You Should Check Before Buying Park Lawn Corporation (TSE:PLC) For Its Dividend

Mar 24
Three Things You Should Check Before Buying Park Lawn Corporation (TSE:PLC) For Its Dividend

Financial Position Analysis

Short Term Liabilities: PLC's short term assets ($77.3M) exceed its short term liabilities ($45.5M).

Long Term Liabilities: PLC's short term assets ($77.3M) do not cover its long term liabilities ($689.1M).


Debt to Equity History and Analysis

Debt Level: PLC's net debt to equity ratio (38.3%) is considered satisfactory.

Reducing Debt: PLC's debt to equity ratio has increased from 24% to 41.6% over the past 5 years.

Debt Coverage: PLC's debt is well covered by operating cash flow (26%).

Interest Coverage: PLC's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


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