Parkson Retail Asia Balance Sheet Health
Financial Health criteria checks 5/6
Parkson Retail Asia has a total shareholder equity of SGD23.0M and total debt of SGD745.0K, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are SGD322.6M and SGD299.6M respectively. Parkson Retail Asia's EBIT is SGD53.5M making its interest coverage ratio 6. It has cash and short-term investments of SGD117.2M.
Key information
3.2%
Debt to equity ratio
S$745.00k
Debt
| Interest coverage ratio | 6x |
| Cash | S$117.22m |
| Equity | S$22.98m |
| Total liabilities | S$299.64m |
| Total assets | S$322.61m |
Recent financial health updates
No updates
Recent updates
Parkson Retail Asia Limited (SGX:O9E) Soars 26% But It's A Story Of Risk Vs Reward
May 27
Parkson Retail Asia (SGX:O9E) Is Investing Its Capital With Increasing Efficiency
May 02Lacklustre Performance Is Driving Parkson Retail Asia Limited's (SGX:O9E) Low P/S
Feb 23Returns on Capital Paint A Bright Future For Parkson Retail Asia (SGX:O9E)
Oct 24Investors Should Be Encouraged By Parkson Retail Asia's (SGX:O9E) Returns On Capital
Jul 18We Like Parkson Retail Asia's (SGX:O9E) Returns And Here's How They're Trending
Apr 19Returns on Capital Paint A Bright Future For Parkson Retail Asia (SGX:O9E)
Jan 17Parkson Retail Asia (SGX:O9E) Could Become A Multi-Bagger
Sep 16Returns On Capital Are A Standout For Parkson Retail Asia (SGX:O9E)
Feb 16Parkson Retail Asia (SGX:O9E) Knows How To Allocate Capital Effectively
Sep 06Financial Position Analysis
Short Term Liabilities: O9E's short term assets (SGD164.8M) do not cover its short term liabilities (SGD178.2M).
Long Term Liabilities: O9E's short term assets (SGD164.8M) exceed its long term liabilities (SGD121.4M).
Debt to Equity History and Analysis
Debt Level: O9E has more cash than its total debt.
Reducing Debt: O9E's debt to equity ratio has reduced from 44.7% to 3.2% over the past 5 years.
Debt Coverage: O9E's debt is well covered by operating cash flow (11194.6%).
Interest Coverage: O9E's interest payments on its debt are well covered by EBIT (6x coverage).