PARK24 Balance Sheet Health
Financial Health criteria checks 3/6
PARK24 has a total shareholder equity of ¥76.3B and total debt of ¥112.3B, which brings its debt-to-equity ratio to 147.3%. Its total assets and total liabilities are ¥295.8B and ¥219.6B respectively. PARK24's EBIT is ¥34.2B making its interest coverage ratio 9.2. It has cash and short-term investments of ¥43.5B.
Key information
147.3%
Debt to equity ratio
JP¥112.29b
Debt
| Interest coverage ratio | 9.2x |
| Cash | JP¥43.55b |
| Equity | JP¥76.25b |
| Total liabilities | JP¥219.57b |
| Total assets | JP¥295.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3WN's short term assets (¥108.8B) exceed its short term liabilities (¥71.2B).
Long Term Liabilities: 3WN's short term assets (¥108.8B) do not cover its long term liabilities (¥148.4B).
Debt to Equity History and Analysis
Debt Level: 3WN's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: 3WN's debt to equity ratio has increased from 138.8% to 147.3% over the past 5 years.
Debt Coverage: 3WN's debt is well covered by operating cash flow (43.4%).
Interest Coverage: 3WN's interest payments on its debt are well covered by EBIT (9.2x coverage).