Parkson Holdings Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Parkson Holdings Berhad has a total shareholder equity of MYR2.5B and total debt of MYR1.7B, which brings its debt-to-equity ratio to 69.5%. Its total assets and total liabilities are MYR8.5B and MYR6.0B respectively. Parkson Holdings Berhad's EBIT is MYR510.8M making its interest coverage ratio 1.5. It has cash and short-term investments of MYR1.5B.
Key information
69.5%
Debt to equity ratio
RM1.73b
Debt
| Interest coverage ratio | 1.5x |
| Cash | RM1.46b |
| Equity | RM2.49b |
| Total liabilities | RM6.04b |
| Total assets | RM8.53b |
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
There'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 (MYR2.5B) do not cover its short term liabilities (MYR3.9B).
Long Term Liabilities: PARKSON's short term assets (MYR2.5B) exceed its long term liabilities (MYR2.2B).
Debt to Equity History and Analysis
Debt Level: PARKSON's net debt to equity ratio (10.9%) is considered satisfactory.
Reducing Debt: PARKSON's debt to equity ratio has reduced from 72% to 69.5% over the past 5 years.
Debt Coverage: PARKSON's debt is well covered by operating cash flow (37.4%).
Interest Coverage: PARKSON's interest payments on its debt are not well covered by EBIT (1.5x coverage).