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 $41.4M making its interest coverage ratio 4. 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 | 4x |
Cash | US$17.70m |
Equity | US$542.83m |
Total liabilities | US$730.87m |
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 06Financial 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 (4x coverage).