Parkson Retail Group Balance Sheet Health
Financial Health criteria checks 4/6
Parkson Retail Group has a total shareholder equity of CN¥3.3B and total debt of CN¥2.5B, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are CN¥11.1B and CN¥7.8B respectively. Parkson Retail Group's EBIT is CN¥503.2M making its interest coverage ratio 1.1. It has cash and short-term investments of CN¥1.7B.
Key information
75.1%
Debt to equity ratio
CN¥2.49b
Debt
| Interest coverage ratio | 1.1x |
| Cash | CN¥1.66b |
| Equity | CN¥3.32b |
| Total liabilities | CN¥7.76b |
| Total assets | CN¥11.08b |
Recent financial health updates
We Think Parkson Retail Group (HKG:3368) Is Taking Some Risk With Its Debt
Sep 08
Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 05Parkson Retail Group (HKG:3368) Has Debt But No Earnings; Should You Worry?
Nov 18Here's Why Parkson Retail Group (HKG:3368) Has A Meaningful Debt Burden
Jan 05Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 31These 4 Measures Indicate That Parkson Retail Group (HKG:3368) Is Using Debt Extensively
Feb 15
Recent updates
Parkson Retail Group's (HKG:3368) Solid Earnings Are Supported By Other Strong Factors
Apr 17Parkson Retail Group (HKG:3368) Shareholders Will Want The ROCE Trajectory To Continue
Feb 02We Think Parkson Retail Group (HKG:3368) Is Taking Some Risk With Its Debt
Sep 08These Return Metrics Don't Make Parkson Retail Group (HKG:3368) Look Too Strong
Jul 18Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 05Here's What's Concerning About Parkson Retail Group's (HKG:3368) Returns On Capital
Mar 31Parkson Retail Group (HKG:3368) Has Debt But No Earnings; Should You Worry?
Nov 18Parkson Retail Group (HKG:3368) Is Doing The Right Things To Multiply Its Share Price
Jul 28Here's Why Parkson Retail Group (HKG:3368) Has A Meaningful Debt Burden
Jan 05Parkson Retail Group's (HKG:3368) Returns On Capital Are Heading Higher
Jul 20Does Parkson Retail Group (HKG:3368) Have A Healthy Balance Sheet?
May 31Investors Will Want Parkson Retail Group's (HKG:3368) Growth In ROCE To Persist
Mar 22These 4 Measures Indicate That Parkson Retail Group (HKG:3368) Is Using Debt Extensively
Feb 15Parkson Retail Group's(HKG:3368) Share Price Is Down 77% Over The Past Three Years.
Jan 11What Can The Trends At Parkson Retail Group (HKG:3368) Tell Us About Their Returns?
Dec 07Financial Position Analysis
Short Term Liabilities: 3368's short term assets (CN¥3.0B) exceed its short term liabilities (CN¥2.8B).
Long Term Liabilities: 3368's short term assets (CN¥3.0B) do not cover its long term liabilities (CN¥4.9B).
Debt to Equity History and Analysis
Debt Level: 3368's net debt to equity ratio (25.2%) is considered satisfactory.
Reducing Debt: 3368's debt to equity ratio has reduced from 87.4% to 75.1% over the past 5 years.
Debt Coverage: 3368's debt is well covered by operating cash flow (40.7%).
Interest Coverage: 3368's interest payments on its debt are not well covered by EBIT (1.1x coverage).