Parkomat International Balance Sheet Health
Financial Health criteria checks 4/6
Parkomat International has a total shareholder equity of ₪34.5M and total debt of ₪35.0K, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₪98.6M and ₪64.1M respectively. Parkomat International's EBIT is ₪8.9M making its interest coverage ratio -5.9. It has cash and short-term investments of ₪23.9M.
Key information
0.1%
Debt to equity ratio
₪35.00k
Debt
| Interest coverage ratio | -5.9x |
| Cash | ₪23.93m |
| Equity | ₪34.54m |
| Total liabilities | ₪64.11m |
| Total assets | ₪98.65m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PRKM's short term assets (₪93.2M) exceed its short term liabilities (₪61.3M).
Long Term Liabilities: PRKM's short term assets (₪93.2M) exceed its long term liabilities (₪2.8M).
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.