PAL GROUP Holdings Balance Sheet Health
Financial Health criteria checks 6/6
PAL GROUP Holdings has a total shareholder equity of ¥66.8B and total debt of ¥11.9B, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are ¥139.9B and ¥73.1B respectively. PAL GROUP Holdings's EBIT is ¥20.1B making its interest coverage ratio 216.3. It has cash and short-term investments of ¥78.3B.
Key information
17.9%
Debt to equity ratio
JP¥11.94b
Debt
| Interest coverage ratio | 216.3x |
| Cash | JP¥78.33b |
| Equity | JP¥66.78b |
| Total liabilities | JP¥73.11b |
| Total assets | JP¥139.89b |
Recent financial health updates
PAL GROUP Holdings (TSE:2726) Seems To Use Debt Rather Sparingly
Jul 02
Does PAL GROUP Holdings (TSE:2726) Have A Healthy Balance Sheet?
Mar 11Recent updates
Subdued Growth No Barrier To PAL GROUP Holdings CO., LTD. (TSE:2726) With Shares Advancing 26%
Oct 16PAL GROUP Holdings CO., LTD. (TSE:2726) Shares Could Be 44% Below Their Intrinsic Value Estimate
Oct 01Why Investors Shouldn't Be Surprised By PAL GROUP Holdings CO., LTD.'s (TSE:2726) 29% Share Price Surge
Aug 08PAL 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 (¥108.0B) exceed its short term liabilities (¥53.8B).
Long Term Liabilities: 2726's short term assets (¥108.0B) 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 44% to 17.9% over the past 5 years.
Debt Coverage: 2726's debt is well covered by operating cash flow (212.1%).
Interest Coverage: 2726's interest payments on its debt are well covered by EBIT (216.3x coverage).