Parkson Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Parkson Holdings Berhad has a total shareholder equity of MYR2.4B and total debt of MYR1.9B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are MYR8.5B and MYR6.0B respectively. Parkson Holdings Berhad's EBIT is MYR415.9M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR1.4B.
Key information
77.3%
Debt to equity ratio
RM 1.88b
Debt
| Interest coverage ratio | 1.2x |
| Cash | RM 1.37b |
| Equity | RM 2.44b |
| Total liabilities | RM 6.02b |
| Total assets | RM 8.46b |
Recent financial health updates
These 4 Measures Indicate That Parkson Holdings Berhad (KLSE:PARKSON) Is Using Debt Extensively
Feb 29
These 4 Measures Indicate That Parkson Holdings Berhad (KLSE:PARKSON) Is Using Debt Extensively
Jul 05Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet
Mar 07Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet
Aug 26Recent updates
Returns Are Gaining Momentum At Parkson Holdings Berhad (KLSE:PARKSON)
Aug 06There's No Escaping Parkson Holdings Berhad's (KLSE:PARKSON) Muted Revenues
May 28These 4 Measures Indicate That Parkson Holdings Berhad (KLSE:PARKSON) Is Using Debt Extensively
Feb 29Parkson Holdings Berhad (KLSE:PARKSON) Is Experiencing Growth In Returns On Capital
Jan 08Returns On Capital Are Showing Encouraging Signs At Parkson Holdings Berhad (KLSE:PARKSON)
Sep 25Improved Revenues Required Before Parkson Holdings Berhad (KLSE:PARKSON) Stock's 40% Jump Looks Justified
Aug 18These 4 Measures Indicate That Parkson Holdings Berhad (KLSE:PARKSON) Is Using Debt Extensively
Jul 05We Like These Underlying Return On Capital Trends At Parkson Holdings Berhad (KLSE:PARKSON)
Jan 31The Return Trends At Parkson Holdings Berhad (KLSE:PARKSON) Look Promising
Oct 03Parkson Holdings Berhad (KLSE:PARKSON) Is Looking To Continue Growing Its Returns On Capital
Jun 03Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet
Mar 07Returns On Capital Are Showing Encouraging Signs At Parkson Holdings Berhad (KLSE:PARKSON)
Dec 17Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet
Aug 26Returns Are Gaining Momentum At Parkson Holdings Berhad (KLSE:PARKSON)
May 14Can Parkson Holdings Berhad (KLSE:PARKSON) Continue To Grow Its Returns On Capital?
Jan 27Financial Position Analysis
Short Term Liabilities: PARKSON's short term assets (MYR2.3B) exceed its short term liabilities (MYR2.2B).
Long Term Liabilities: PARKSON's short term assets (MYR2.3B) do not cover its long term liabilities (MYR3.8B).
Debt to Equity History and Analysis
Debt Level: PARKSON's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: PARKSON's debt to equity ratio has increased from 75.4% to 77.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PARKSON has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PARKSON is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47% per year.