PAL GROUP Holdings Balance Sheet Health
Financial Health criteria checks 6/6
PAL GROUP Holdings has a total shareholder equity of ¥63.3B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 18.9%. Its total assets and total liabilities are ¥131.4B and ¥68.1B respectively. PAL GROUP Holdings's EBIT is ¥19.2B making its interest coverage ratio 215.8. It has cash and short-term investments of ¥65.8B.
Key information
18.9%
Debt to equity ratio
JP¥11.94b
Debt
Interest coverage ratio | 215.8x |
Cash | JP¥65.79b |
Equity | JP¥63.31b |
Total liabilities | JP¥68.09b |
Total assets | JP¥131.40b |
Recent financial health updates
PAL GROUP Holdings (TSE:2726) Seems To Use Debt Rather Sparingly
Jul 02Does PAL GROUP Holdings (TSE:2726) Have A Healthy Balance Sheet?
Mar 11Recent updates
PAL GROUP Holdings (TSE:2726) Seems To Use Debt Rather Sparingly
Jul 02PAL GROUP Holdings (TSE:2726) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 16Why 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 (¥99.8B) exceed its short term liabilities (¥48.8B).
Long Term Liabilities: 2726's short term assets (¥99.8B) exceed its long term liabilities (¥19.3B).
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 41.2% to 18.9% over the past 5 years.
Debt Coverage: 2726's debt is well covered by operating cash flow (112.7%).
Interest Coverage: 2726's interest payments on its debt are well covered by EBIT (215.8x coverage).