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¥2.8B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are CN¥10.9B and CN¥7.6B respectively. Parkson Retail Group's EBIT is CN¥396.8M making its interest coverage ratio 1. It has cash and short-term investments of CN¥1.5B.
Key information
85.0%
Debt to equity ratio
CN¥2.78b
Debt
| Interest coverage ratio | 1x |
| Cash | CN¥1.45b |
| Equity | CN¥3.27b |
| Total liabilities | CN¥7.61b |
| Total assets | CN¥10.88b |
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 (HKG:3368) Is Doing The Right Things To Multiply Its Share Price
Jun 26Parkson 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¥2.7B) exceed its short term liabilities (CN¥2.4B).
Long Term Liabilities: 3368's short term assets (CN¥2.7B) do not cover its long term liabilities (CN¥5.2B).
Debt to Equity History and Analysis
Debt Level: 3368's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: 3368's debt to equity ratio has reduced from 89.8% to 85% 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: Whilst unprofitable 3368 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 3368 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.1% per year.