Parkson Retail Group Balance Sheet Health
Financial Health criteria checks 4/6
Parkson Retail Group has a total shareholder equity of CN¥3.3B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are CN¥11.1B and CN¥7.8B respectively. Parkson Retail Group's EBIT is CN¥503.2M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥1.7B.
Key information
75.1%
Debt to equity ratio
CN¥2.49b
Debt
Interest coverage ratio | 1.1x |
Cash | CN¥1.66b |
Equity | CN¥3.32b |
Total liabilities | CN¥7.76b |
Total assets | CN¥11.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P5IB's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: P5IB's short term assets (CN¥3.0B) do not cover its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: P5IB's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: P5IB's debt to equity ratio has reduced from 87.4% to 75.1% over the past 5 years.
Debt Coverage: P5IB's debt is well covered by operating cash flow (40.7%).
Interest Coverage: P5IB's interest payments on its debt are not well covered by EBIT (1.1x coverage).