Park Street Balance Sheet Health
Financial Health criteria checks 2/6
Park Street has a total shareholder equity of DKK1.1B and total debt of DKK1.4B, which brings its debt-to-equity ratio to 127.9%. Its total assets and total liabilities are DKK2.7B and DKK1.7B respectively. Park Street's EBIT is DKK93.8M making its interest coverage ratio 1.8. It has cash and short-term investments of DKK38.2M.
Key information
127.9%
Debt to equity ratio
kr.1.36b
Debt
| Interest coverage ratio | 1.8x |
| Cash | kr.38.21m |
| Equity | kr.1.06b |
| Total liabilities | kr.1.66b |
| Total assets | kr.2.72b |
Recent financial health updates
Does Park Street (CPH:PARKST A) Have A Healthy Balance Sheet?
Oct 13
Is Park Street (CPH:PARKST A) Using Too Much Debt?
Jun 30Park Street (CPH:PARKST A) Has A Somewhat Strained Balance Sheet
Dec 09Park Street Nordicom (CPH:PSNRDC A) Use Of Debt Could Be Considered Risky
Mar 29Recent updates
A Look At The Intrinsic Value Of Park Street A/S (CPH:PARKST A)
May 04Unpleasant Surprises Could Be In Store For Park Street A/S' (CPH:PARKST A) Shares
Dec 27Does Park Street (CPH:PARKST A) Have A Healthy Balance Sheet?
Oct 13Is Park Street (CPH:PARKST A) Using Too Much Debt?
Jun 30Park Street (CPH:PARKST A) Has A Somewhat Strained Balance Sheet
Dec 09We Think Some Shareholders May Hesitate To Increase Park Street Nordicom A/S' (CPH:PSNRDC A) CEO Compensation
Apr 15Park Street Nordicom (CPH:PSNRDC A) Use Of Debt Could Be Considered Risky
Mar 29Calculating The Fair Value Of Park Street Nordicom A/S (CPH:PSNRDC A)
Jan 22Park Street Nordicom (CPH:PSNRDC A) Is Growing Earnings But Are They A Good Guide?
Dec 23
Park Street Nordicom's (CPH:PSNRDC A) Wonderful 420% Share Price Increase Shows How Capitalism Can Build Wealth
Nov 26Financial Position Analysis
Short Term Liabilities: PARKST A's short term assets (DKK80.6M) exceed its short term liabilities (DKK80.0M).
Long Term Liabilities: PARKST A's short term assets (DKK80.6M) do not cover its long term liabilities (DKK1.6B).
Debt to Equity History and Analysis
Debt Level: PARKST A's net debt to equity ratio (124.3%) is considered high.
Reducing Debt: PARKST A's debt to equity ratio has reduced from 196.3% to 127.9% over the past 5 years.
Debt Coverage: PARKST A's debt is not well covered by operating cash flow (3.7%).
Interest Coverage: PARKST A's interest payments on its debt are not well covered by EBIT (1.8x coverage).