Parkomat International Balance Sheet Health
Financial Health criteria checks 4/6
Parkomat International has a total shareholder equity of ₪30.4M and total debt of ₪14.0K, which brings its debt-to-equity ratio to 0.05%. Its total assets and total liabilities are ₪92.5M and ₪62.1M respectively. Parkomat International's EBIT is ₪4.1M making its interest coverage ratio -2.4. It has cash and short-term investments of ₪25.6M.
Key information
0.05%
Debt to equity ratio
₪14.00k
Debt
| Interest coverage ratio | -2.4x |
| Cash | ₪25.57m |
| Equity | ₪30.42m |
| Total liabilities | ₪62.08m |
| Total assets | ₪92.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRKM's short term assets (₪86.6M) exceed its short term liabilities (₪59.2M).
Long Term Liabilities: PRKM's short term assets (₪86.6M) exceed its long term liabilities (₪2.9M).
Debt to Equity History and Analysis
Debt Level: PRKM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PRKM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PRKM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRKM earns more interest than it pays, so coverage of interest payments is not a concern.