Park Aerospace Balance Sheet Health
Financial Health criteria checks 6/6
Park Aerospace has a total shareholder equity of $112.0M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $127.5M and $15.5M respectively. Park Aerospace's EBIT is $8.0M making its interest coverage ratio -6.6. It has cash and short-term investments of $74.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | -6.6x |
Cash | US$73.99m |
Equity | US$111.99m |
Total liabilities | US$15.52m |
Total assets | US$127.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PKE's short term assets ($93.8M) exceed its short term liabilities ($6.4M).
Long Term Liabilities: PKE's short term assets ($93.8M) exceed its long term liabilities ($9.1M).
Debt to Equity History and Analysis
Debt Level: PKE is debt free.
Reducing Debt: PKE had no debt 5 years ago.
Debt Coverage: PKE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PKE has no debt, therefore coverage of interest payments is not a concern.