Paradise Balance Sheet Health
Financial Health criteria checks 4/6
Paradise has a total shareholder equity of ₩1,785.5B and total debt of ₩1,118.6B, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are ₩3,618.3B and ₩1,832.8B respectively. Paradise's EBIT is ₩145.8B making its interest coverage ratio 3.5. It has cash and short-term investments of ₩802.0B.
Key information
62.7%
Debt to equity ratio
₩1.12t
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₩802.04b |
| Equity | ₩1.79t |
| Total liabilities | ₩1.83t |
| Total assets | ₩3.62t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A034230's short term assets (₩862.8B) exceed its short term liabilities (₩690.7B).
Long Term Liabilities: A034230's short term assets (₩862.8B) do not cover its long term liabilities (₩1,142.1B).
Debt to Equity History and Analysis
Debt Level: A034230's net debt to equity ratio (17.7%) is considered satisfactory.
Reducing Debt: A034230's debt to equity ratio has increased from 61.9% to 62.7% over the past 5 years.
Debt Coverage: A034230's debt is well covered by operating cash flow (25.7%).
Interest Coverage: A034230's interest payments on its debt are well covered by EBIT (3.5x coverage).