Groupe Partouche Balance Sheet Health
Financial Health criteria checks 5/6
Groupe Partouche has a total shareholder equity of €366.9M and total debt of €149.4M, which brings its debt-to-equity ratio to 40.7%. Its total assets and total liabilities are €804.3M and €437.5M respectively. Groupe Partouche's EBIT is €27.6M making its interest coverage ratio 4.5. It has cash and short-term investments of €149.4M.
Key information
40.7%
Debt to equity ratio
€149.36m
Debt
| Interest coverage ratio | 4.5x |
| Cash | €149.36m |
| Equity | €366.87m |
| Total liabilities | €437.47m |
| Total assets | €804.34m |
Recent financial health updates
Recent updates
Here's Why Groupe Partouche SA's (EPA:PARP) CEO Compensation Is The Least Of Shareholders' Concerns
Mar 13
Why Groupe Partouche SA (EPA:PARP) Could Be Worth Watching
Jan 19Is Groupe Partouche (EPA:PARP) Weighed On By Its Debt Load?
Jul 13Here's Why It's Unlikely That Groupe Partouche SA's (EPA:PARP) CEO Will See A Pay Rise This Year
Apr 06Groupe Partouche (EPA:PARP) Share Prices Have Dropped 37% In The Last Three Years
Feb 24Are Investors Concerned With What's Going On At Groupe Partouche (EPA:PARP)?
Dec 22
Financial Position Analysis
Short Term Liabilities: PARP's short term assets (€190.9M) exceed its short term liabilities (€184.3M).
Long Term Liabilities: PARP's short term assets (€190.9M) do not cover its long term liabilities (€253.2M).
Debt to Equity History and Analysis
Debt Level: PARP has more cash than its total debt.
Reducing Debt: PARP's debt to equity ratio has reduced from 45.1% to 40.7% over the past 5 years.
Debt Coverage: PARP's debt is well covered by operating cash flow (44.4%).
Interest Coverage: PARP's interest payments on its debt are well covered by EBIT (4.5x coverage).