PAL GROUP Holdings Balance Sheet Health
Financial Health criteria checks 6/6
PAL GROUP Holdings has a total shareholder equity of ¥63.4B and total debt of ¥11.2B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ¥126.9B and ¥63.5B respectively. PAL GROUP Holdings's EBIT is ¥18.6B making its interest coverage ratio 216.3. It has cash and short-term investments of ¥67.2B.
Key information
17.7%
Debt to equity ratio
JP¥11.21b
Debt
| Interest coverage ratio | 216.3x |
| Cash | JP¥67.23b |
| Equity | JP¥63.44b |
| Total liabilities | JP¥63.48b |
| Total assets | JP¥126.92b |
Recent financial health updates
Recent updates
PAL GROUP Holdings (TSE:2726) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 16
Why We're Not Concerned Yet About PAL GROUP Holdings CO., LTD.'s (TSE:2726) 25% Share Price Plunge
Apr 12Does PAL GROUP Holdings (TSE:2726) Have A Healthy Balance Sheet?
Mar 11PAL GROUP Holdings' (TSE:2726) Dividend Will Be ¥50.00
Feb 27Financial Position Analysis
Short Term Liabilities: 2726's short term assets (¥96.7B) exceed its short term liabilities (¥45.0B).
Long Term Liabilities: 2726's short term assets (¥96.7B) exceed its long term liabilities (¥18.5B).
Debt to Equity History and Analysis
Debt Level: 2726 has more cash than its total debt.
Reducing Debt: 2726's debt to equity ratio has reduced from 39.1% to 17.7% over the past 5 years.
Debt Coverage: 2726's debt is well covered by operating cash flow (120%).
Interest Coverage: 2726's interest payments on its debt are well covered by EBIT (216.3x coverage).