Parkson Holdings Berhad

KLSE:PARKSON Stock Report

Market Cap: RM 218.3m

Parkson Holdings Berhad Balance Sheet Health

Financial Health criteria checks 5/6

Parkson Holdings Berhad has a total shareholder equity of MYR2.3B and total debt of MYR1.7B, which brings its debt-to-equity ratio to 76.8%. Its total assets and total liabilities are MYR7.7B and MYR5.4B respectively. Parkson Holdings Berhad's EBIT is MYR397.0M making its interest coverage ratio 1.2. It has cash and short-term investments of MYR1.2B.

Key information

76.8%

Debt to equity ratio

RM 1.73b

Debt

Interest coverage ratio1.2x
CashRM 1.18b
EquityRM 2.26b
Total liabilitiesRM 5.44b
Total assetsRM 7.70b

Recent financial health updates

Recent updates

Returns Are Gaining Momentum At Parkson Holdings Berhad (KLSE:PARKSON)

Aug 06
Returns Are Gaining Momentum At Parkson Holdings Berhad (KLSE:PARKSON)

There's No Escaping Parkson Holdings Berhad's (KLSE:PARKSON) Muted Revenues

May 28
There's No Escaping Parkson Holdings Berhad's (KLSE:PARKSON) Muted Revenues

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

Parkson Holdings Berhad (KLSE:PARKSON) Is Experiencing Growth In Returns On Capital

Jan 08
Parkson Holdings Berhad (KLSE:PARKSON) Is Experiencing Growth In Returns On Capital

Returns On Capital Are Showing Encouraging Signs At Parkson Holdings Berhad (KLSE:PARKSON)

Sep 25
Returns On Capital Are Showing Encouraging Signs At Parkson Holdings Berhad (KLSE:PARKSON)

Improved Revenues Required Before Parkson Holdings Berhad (KLSE:PARKSON) Stock's 40% Jump Looks Justified

Aug 18
Improved Revenues Required Before Parkson Holdings Berhad (KLSE:PARKSON) Stock's 40% Jump Looks Justified

These 4 Measures Indicate That Parkson Holdings Berhad (KLSE:PARKSON) Is Using Debt Extensively

Jul 05
These 4 Measures Indicate That Parkson Holdings Berhad (KLSE:PARKSON) Is Using Debt Extensively

We Like These Underlying Return On Capital Trends At Parkson Holdings Berhad (KLSE:PARKSON)

Jan 31
We Like These Underlying Return On Capital Trends At Parkson Holdings Berhad (KLSE:PARKSON)

The Return Trends At Parkson Holdings Berhad (KLSE:PARKSON) Look Promising

Oct 03
The Return Trends At Parkson Holdings Berhad (KLSE:PARKSON) Look Promising

Parkson Holdings Berhad (KLSE:PARKSON) Is Looking To Continue Growing Its Returns On Capital

Jun 03
Parkson Holdings Berhad (KLSE:PARKSON) Is Looking To Continue Growing Its Returns On Capital

Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet

Mar 07
Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet

Returns On Capital Are Showing Encouraging Signs At Parkson Holdings Berhad (KLSE:PARKSON)

Dec 17
Returns On Capital Are Showing Encouraging Signs At Parkson Holdings Berhad (KLSE:PARKSON)

Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet

Aug 26
Parkson Holdings Berhad (KLSE:PARKSON) Has A Somewhat Strained Balance Sheet

Returns Are Gaining Momentum At Parkson Holdings Berhad (KLSE:PARKSON)

May 14
Returns Are Gaining Momentum At Parkson Holdings Berhad (KLSE:PARKSON)

Can Parkson Holdings Berhad (KLSE:PARKSON) Continue To Grow Its Returns On Capital?

Jan 27
Can Parkson Holdings Berhad (KLSE:PARKSON) Continue To Grow Its Returns On Capital?

Financial Position Analysis

Short Term Liabilities: PARKSON's short term assets (MYR2.1B) exceed its short term liabilities (MYR2.0B).

Long Term Liabilities: PARKSON's short term assets (MYR2.1B) do not cover its long term liabilities (MYR3.5B).


Debt to Equity History and Analysis

Debt Level: PARKSON's net debt to equity ratio (24.3%) is considered satisfactory.

Reducing Debt: PARKSON's debt to equity ratio has reduced from 79.6% to 76.8% 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 42.3% per year.


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