Parkmead Group Balance Sheet Health
Financial Health criteria checks 5/6
Parkmead Group has a total shareholder equity of £15.4M and total debt of £718.0K, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are £27.1M and £11.6M respectively.
Key information
4.7%
Debt to equity ratio
UK£718.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£9.20m |
| Equity | UK£15.44m |
| Total liabilities | UK£11.62m |
| Total assets | UK£27.06m |
Recent financial health updates
Parkmead Group (LON:PMG) Has Debt But No Earnings; Should You Worry?
Apr 13
Health Check: How Prudently Does Parkmead Group (LON:PMG) Use Debt?
Nov 23Recent updates
There's Reason For Concern Over The Parkmead Group plc's (LON:PMG) Massive 27% Price Jump
Feb 29Parkmead Group (LON:PMG) Is Looking To Continue Growing Its Returns On Capital
Sep 20Parkmead Group (LON:PMG) Shareholders Will Want The ROCE Trajectory To Continue
Jun 10The Parkmead Group plc (LON:PMG) May Have Run Too Fast Too Soon With Recent 34% Price Plummet
Apr 18Here's Why It's Unlikely That The Parkmead Group plc's (LON:PMG) CEO Will See A Pay Rise This Year
Dec 15Parkmead Group (LON:PMG) Has Debt But No Earnings; Should You Worry?
Apr 13Would Shareholders Who Purchased Parkmead Group's (LON:PMG) Stock Five Years Be Happy With The Share price Today?
Feb 19
How Is Parkmead Group's (LON:PMG) CEO Paid Relative To Peers?
Dec 28Health Check: How Prudently Does Parkmead Group (LON:PMG) Use Debt?
Nov 23Financial Position Analysis
Short Term Liabilities: PMG's short term assets (£13.5M) exceed its short term liabilities (£7.8M).
Long Term Liabilities: PMG's short term assets (£13.5M) exceed its long term liabilities (£3.8M).
Debt to Equity History and Analysis
Debt Level: PMG has more cash than its total debt.
Reducing Debt: PMG's debt to equity ratio has increased from 0% to 4.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PMG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PMG has sufficient cash runway for 2.8 years if free cash flow continues to grow at historical rates of 34.9% each year.