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Park Lawn Balance Sheet Health

Financial Health criteria checks 4/6

Park Lawn has a total shareholder equity of $542.8M and total debt of $219.6M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are $1.3B and $730.9M respectively. Park Lawn's EBIT is $40.7M making its interest coverage ratio 4.2. It has cash and short-term investments of $17.7M.

Key information

40.5%

Debt to equity ratio

US$219.58m

Debt

Interest coverage ratio	4.2x
Cash	US$17.70m
Equity	US$542.83m
Total liabilities	US$730.87m
Total assets	US$1.27b

Recent financial health updates

Recent updates

Is Park Lawn Corporation (TSE:PLC) Potentially Undervalued?

Jun 05

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

Jan 26

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

Dec 11

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

Sep 18

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

Jun 01

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

May 12

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

Feb 17

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

Dec 25

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

Nov 14

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

Sep 26

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

Aug 28

Financial Position Analysis

Short Term Liabilities: PLC's short term assets ($73.9M) exceed its short term liabilities ($38.1M).

Long Term Liabilities: PLC's short term assets ($73.9M) do not cover its long term liabilities ($692.7M).

Debt to Equity History and Analysis

Debt Level: PLC's net debt to equity ratio (37.2%) is considered satisfactory.

Reducing Debt: PLC's debt to equity ratio has increased from 23.7% to 40.5% over the past 5 years.

Debt Coverage: PLC's debt is well covered by operating cash flow (25.3%).

Interest Coverage: PLC's interest payments on its debt are well covered by EBIT (4.2x coverage).

This company listing is no longer active

Park Lawn Balance Sheet Health

Financial Health criteria checks 4/6

Key information

Recent financial health updates

Park Lawn Provides Delisting Update

Park Lawn Shareholders OK Going-Private Transaction

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

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

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

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

Recent updates

Park Lawn Provides Delisting Update

Park Lawn Shareholders OK Going-Private Transaction

Homesteaders Life Company and Birch Hill Equity Partners Management Inc. entered into an arrangement agreement to acquire Park Lawn Corporation (TSX:PLC) for approximately CAD 940 million.

Is Park Lawn Corporation (TSE:PLC) Potentially Undervalued?

Homesteaders Life Company and Birch Hill Equity Partners Management Inc. entered into an arrangement agreement to acquire Park Lawn Corporation (TSX:PLC) for approximately CAD 940 million.

New minor risk - Share price stability

Steven Scott Steps Down from the Board of Directors of Park Lawn Corporation

First quarter 2024 earnings released: EPS: US$0.15 (vs US$0.13 in 1Q 2023)

Park Lawn Corporation to Report Q1, 2024 Results on May 09, 2024

Park Lawn Corporation Announces First Quarter 2024 Dividend, Payable on April 15, 2024

Park Lawn Corporation, Annual General Meeting, Jun 03, 2024

Full year 2023 earnings: EPS misses analyst expectations

Park Lawn Corporation Appoints Maggie MacDougall to the Board of Directors

Park Lawn Corporation to Report Q4, 2023 Results on Mar 07, 2024

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

Park Lawn Corporation Announces Fourth Quarter 2023 Dividend, Payable on December 29, 2023

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

Third quarter 2023 earnings released: EPS: US$0.096 (vs US$0.15 in 3Q 2022)

Park Lawn Corporation to Report Q3, 2023 Results on Nov 09, 2023

Everstory Acquisition Portfolio, LLC entered into a definitive agreement to acquire Substantially all assets from Park Lawn Cemetery Company (USA), Inc. for $70 million.

Park Lawn Corporation (TSX:PLC) completed the acquisition of substantially all the assets of Christy-Smith Funeral Homes and Crematory.

Park Lawn Corporation Announces Third Quarter 2023 Dividend, Payable on October 16, 2023

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire substantially all the assets of Christy-Smith Funeral Homes and Crematory.

Consensus EPS estimates fall by 22%

Park Lawn Corporation (TSX:PLC) acquired Assets of Forrest & Taylor Funeral Home Limited.

New minor risk - Financial position

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Park Lawn Corporation to Report Q2, 2023 Results on Aug 10, 2023

Park Lawn Corporation (TSX:PLC) acquired Substantially all of the assets from Ward Funeral Home Limited.

Park Lawn Corporation (TSX:PLC) acquired Substantially all assets from Cobb Suncrest Memorial Gardens and Cobb Funeral Chapel.

Park Lawn Corporation Announces Quarterly Dividend, Payable on July 17, 2023

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially all of the assets from Ward Funeral Home Limited.

Consensus EPS estimates fall by 18%

First quarter 2023 earnings: EPS and revenues miss analyst expectations

Full year 2022 earnings released: EPS: US$0.73 (vs US$0.89 in FY 2021)

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially all the assets of Speaks Suburban, Carson-Speaks, Speaks Buckner & Oak Ridge Memory from Speaks.

Insider recently sold CA$66k worth of stock

Insider exercised options to buy CA$109k worth of stock.

Park Lawn Corporation Announces Fourth Quarter 2022 Dividend, Payable on January 16, 2023

Park Lawn Corporation (TSX:PLC) acquired Substantially all of the Assets of Jacoby from Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park and Bustard & Jacoby Funerals.

Park Lawn Corporation (TSX:PLC) acquired Substantially all the assets of Park Lawn Missouri from Park Lawn Funeral Home.

Park Lawn Corporation (TSX:PLC) completed the acquisition of Substantially All of the Assets of Muehlebach, Skradski-Pierce and Assurance Cremation Society from Muehlebach Mortuary, Inc., Skradski Funeral Home, Inc. and Assurance Cremation Society, Inc.

High number of new directors

Park Lawn Corporation (TSX:PLC) entered into an agreement to acquire Substantially all of the Assets of Jacoby from Schrader, Aragon & Jacoby Funeral Home, Mountain View Memorial Park and Bustard & Jacoby Funerals.

Investor sentiment improved over the past week

Park Lawn Corporation to Report Q3, 2022 Results on Nov 09, 2022

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially All of the Assets of Muehlebach Funeral Care, Skradski-Pierce Funeral Home and Assurance Cremation Society.

Park Lawn Corporation (TSX:PLC) entered into definitive agreement to acquire Substantially All of the Assets of Brown's Cremation & Funeral Service.

Park Lawn Corporation (TSX:PLC) agreed to acquire Substantially All of the Assets of Ertel Funeral Home & Crematory.

Park Lawn Corporation Announces Third Quarter 2022 Dividend, Payable on October 17, 2022

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

Park Lawn Corporation (TSX:PLC) completed the acquisition of Substantially All of the Assets of Shackelford Corporation.

High number of new directors

Independent Chair of the Board recently bought CA$106k worth of stock

Price target decreased to CA$41.89

Second quarter 2022 earnings released: EPS: US$0.17 (vs US$0.19 in 2Q 2021)

Park Lawn Corporation Announces Executive Changes

Park Lawn Corporation (TSX:PLC) acquired Substantially All of the Assets from Farris Funeral Service, Inc. and Affiliated Service Group, Inc.

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially All of the Assets of Shackelford Corporation.

Park Lawn Corporation to Report Q2, 2022 Results on Aug 11, 2022

Park Lawn Corporation (TSX:PLC) has entered into a definitive agreement to acquire substantially all of the assets of Farris Funeral Service, Inc. and Affiliated Service Group, Inc.

Park Lawn Corporation Announces the Quarterly Dividend, Payable on July 15, 2022

Park Lawn Corporation (TSX:PLC) completed the acquisition of Substantially All of the Assets from Hudson Funeral Home & Cremation Services.

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

First quarter 2022 earnings: EPS misses analyst expectations

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

Park Lawn Corporation (TSX:PLC) entered into a definitive agreement to acquire Substantially All of the Assets from Hudson Funeral Home & Cremation Services.

Park Lawn Corporation (TSX : PLC) completed the acquisition of Substantially All of the Assets of Chancellor Funeral Home and Garden of Memories.