Groupe Partouche Balance Sheet Health
Financial Health criteria checks 3/6
Groupe Partouche has a total shareholder equity of €367.3M and total debt of €153.5M, which brings its debt-to-equity ratio to 41.8%. Its total assets and total liabilities are €825.3M and €458.0M respectively. Groupe Partouche's EBIT is €23.7M making its interest coverage ratio 3.8. It has cash and short-term investments of €121.9M.
Key information
41.8%
Debt to equity ratio
€153.50m
Debt
| Interest coverage ratio | 3.8x |
| Cash | €121.86m |
| Equity | €367.29m |
| Total liabilities | €458.04m |
| Total assets | €825.33m |
Recent financial health updates
Here's Why Groupe Partouche (EPA:PARP) Has A Meaningful Debt Burden
Oct 10
Is Groupe Partouche (EPA:PARP) Weighed On By Its Debt Load?
Jul 13Recent updates
Here's Why Groupe Partouche (EPA:PARP) Has A Meaningful Debt Burden
Oct 10Here's Why Groupe Partouche SA's (EPA:PARP) CEO Compensation Is The Least Of Shareholders' Concerns
Mar 13Why 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 (€178.3M) do not cover its short term liabilities (€195.7M).
Long Term Liabilities: PARP's short term assets (€178.3M) do not cover its long term liabilities (€262.4M).
Debt to Equity History and Analysis
Debt Level: PARP's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: PARP's debt to equity ratio has increased from 37.9% to 41.8% over the past 5 years.
Debt Coverage: PARP's debt is well covered by operating cash flow (35.1%).
Interest Coverage: PARP's interest payments on its debt are well covered by EBIT (3.8x coverage).