Paradise Balance Sheet Health
Financial Health criteria checks 4/6
Paradise has a total shareholder equity of ₩1,834.3B and total debt of ₩1,124.7B, which brings its debt-to-equity ratio to 61.3%. Its total assets and total liabilities are ₩3,699.6B and ₩1,865.3B respectively. Paradise's EBIT is ₩152.3B making its interest coverage ratio 2.9. It has cash and short-term investments of ₩889.0B.
Key information
61.3%
Debt to equity ratio
₩1.12t
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₩889.02b |
| Equity | ₩1.83t |
| Total liabilities | ₩1.87t |
| Total assets | ₩3.70t |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: A034230's short term assets (₩950.7B) exceed its short term liabilities (₩719.1B).
Long Term Liabilities: A034230's short term assets (₩950.7B) do not cover its long term liabilities (₩1,146.2B).
Debt to Equity History and Analysis
Debt Level: A034230's net debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: A034230's debt to equity ratio has reduced from 64.8% to 61.3% over the past 5 years.
Debt Coverage: A034230's debt is well covered by operating cash flow (23.5%).
Interest Coverage: A034230's interest payments on its debt are not well covered by EBIT (2.9x coverage).