PARKEN Sport & Entertainment Balance Sheet Health
Financial Health criteria checks 3/6
PARKEN Sport & Entertainment has a total shareholder equity of DKK1.3B and total debt of DKK1.3B, which brings its debt-to-equity ratio to 101.4%. Its total assets and total liabilities are DKK3.4B and DKK2.1B respectively. PARKEN Sport & Entertainment's EBIT is DKK465.8M making its interest coverage ratio 10.3. It has cash and short-term investments of DKK44.0M.
Key information
101.4%
Debt to equity ratio
DKK 1.27b
Debt
| Interest coverage ratio | 10.3x |
| Cash | DKK 44.03m |
| Equity | DKK 1.25b |
| Total liabilities | DKK 2.12b |
| Total assets | DKK 3.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MDX's short term assets (DKK558.8M) do not cover its short term liabilities (DKK570.0M).
Long Term Liabilities: 0MDX's short term assets (DKK558.8M) do not cover its long term liabilities (DKK1.6B).
Debt to Equity History and Analysis
Debt Level: 0MDX's net debt to equity ratio (97.9%) is considered high.
Reducing Debt: 0MDX's debt to equity ratio has reduced from 161.5% to 101.4% over the past 5 years.
Debt Coverage: 0MDX's debt is well covered by operating cash flow (29.1%).
Interest Coverage: 0MDX's interest payments on its debt are well covered by EBIT (10.3x coverage).