PARK24 Balance Sheet Health
Financial Health criteria checks 3/6
PARK24 has a total shareholder equity of ¥68.3B and total debt of ¥130.1B, which brings its debt-to-equity ratio to 190.5%. Its total assets and total liabilities are ¥310.8B and ¥242.5B respectively. PARK24's EBIT is ¥33.5B making its interest coverage ratio 9. It has cash and short-term investments of ¥68.1B.
Key information
190.5%
Debt to equity ratio
JP¥130.06b
Debt
| Interest coverage ratio | 9x |
| Cash | JP¥68.12b |
| Equity | JP¥68.27b |
| Total liabilities | JP¥242.54b |
| Total assets | JP¥310.82b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4666's short term assets (¥128.6B) exceed its short term liabilities (¥93.8B).
Long Term Liabilities: 4666's short term assets (¥128.6B) do not cover its long term liabilities (¥148.7B).
Debt to Equity History and Analysis
Debt Level: 4666's net debt to equity ratio (90.7%) is considered high.
Reducing Debt: 4666's debt to equity ratio has increased from 139.4% to 190.5% over the past 5 years.
Debt Coverage: 4666's debt is well covered by operating cash flow (40.2%).
Interest Coverage: 4666's interest payments on its debt are well covered by EBIT (9x coverage).