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 ratio | 3.5x |
Cash | US$17.69m |
Equity | US$537.17m |
Total liabilities | US$734.62m |
Total assets | US$1.27b |
Recent financial health updates
Is Park Lawn (TSE:PLC) Using Too Much Debt?
Dec 11Is Park Lawn (TSE:PLC) A Risky Investment?
Jun 01Park Lawn (TSE:PLC) Seems To Use Debt Quite Sensibly
Feb 17Is Park Lawn (TSE:PLC) A Risky Investment?
Nov 14Park Lawn (TSE:PLC) Has A Pretty Healthy Balance Sheet
May 07Recent updates
Is There Now An Opportunity In Park Lawn Corporation (TSE:PLC)?
Jan 26Is Park Lawn (TSE:PLC) Using Too Much Debt?
Dec 11What Is Park Lawn Corporation's (TSE:PLC) Share Price Doing?
Sep 18Is Park Lawn (TSE:PLC) A Risky Investment?
Jun 01Is Now The Time To Look At Buying Park Lawn Corporation (TSE:PLC)?
May 12Park Lawn (TSE:PLC) Seems To Use Debt Quite Sensibly
Feb 17Park Lawn (TSE:PLC) Has Re-Affirmed Its Dividend Of CA$0.038
Dec 25Is Park Lawn (TSE:PLC) A Risky Investment?
Nov 14Park Lawn (TSE:PLC) Will Pay A Dividend Of CA$0.038
Sep 26Park Lawn (TSE:PLC) Has Announced A Dividend Of CA$0.038
Aug 28Park Lawn (TSE:PLC) Has Announced A Dividend Of CA$0.038
Jul 26Park Lawn (TSE:PLC) Is Due To Pay A Dividend Of CA$0.038
Jun 26Why Park Lawn Corporation (TSE:PLC) Could Be Worth Watching
May 25Park Lawn (TSE:PLC) Has A Pretty Healthy Balance Sheet
May 07Here's Why I Think Park Lawn (TSE:PLC) Is An Interesting Stock
Apr 06Three Things You Should Check Before Buying Park Lawn Corporation (TSE:PLC) For Its Dividend
Mar 24Financial 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).