Park-Ohio Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Park-Ohio Holdings has a total shareholder equity of $301.9M and total debt of $668.9M, which brings its debt-to-equity ratio to 221.6%. Its total assets and total liabilities are $1.4B and $1.1B respectively. Park-Ohio Holdings's EBIT is $98.7M making its interest coverage ratio 2.1. It has cash and short-term investments of $59.9M.
Key information
221.6%
Debt to equity ratio
US$668.90m
Debt
| Interest coverage ratio | 2.1x |
| Cash | US$59.90m |
| Equity | US$301.90m |
| Total liabilities | US$1.08b |
| Total assets | US$1.38b |
Recent financial health updates
Is Park-Ohio Holdings (NASDAQ:PKOH) A Risky Investment?
Nov 03
Park-Ohio Holdings (NASDAQ:PKOH) Has No Shortage Of Debt
Jun 08Recent updates
Park-Ohio Holdings' (NASDAQ:PKOH) Dividend Will Be $0.125
Apr 25Park-Ohio Holdings (NASDAQ:PKOH) Will Pay A Dividend Of $0.125
Nov 06Is Park-Ohio Holdings (NASDAQ:PKOH) A Risky Investment?
Nov 03What Is Park-Ohio Holdings Corp.'s (NASDAQ:PKOH) Share Price Doing?
Oct 12Park-Ohio Holdings (NASDAQ:PKOH) Is Paying Out A Dividend Of $0.125
Apr 25Park-Ohio Holdings' (NASDAQ:PKOH) Dividend Will Be $0.125
Feb 01Park-Ohio Holdings (NASDAQ:PKOH) Might Be Having Difficulty Using Its Capital Effectively
Jan 13Some Investors May Be Worried About Park-Ohio Holdings' (NASDAQ:PKOH) Returns On Capital
Sep 28Park-Ohio Non-GAAP EPS of $0.21 misses by $0.05, revenue of $429M beats by $7.75M
Aug 02Park-Ohio Holdings (NASDAQ:PKOH) Is Due To Pay A Dividend Of $0.125
Jul 26Park-Ohio declares $0.125 dividend
Jul 22Park-Ohio Holdings (NASDAQ:PKOH) Has No Shortage Of Debt
Jun 08Park-Ohio Holdings' (NASDAQ:PKOH) Dividend Will Be US$0.13
Apr 28Park-Ohio Holdings (NASDAQ:PKOH) Has Affirmed Its Dividend Of US$0.13
Feb 01Park-Ohio Holdings (NASDAQ:PKOH) Could Be Struggling To Allocate Capital
Jan 24Financial Position Analysis
Short Term Liabilities: PKOH's short term assets ($864.1M) exceed its short term liabilities ($357.0M).
Long Term Liabilities: PKOH's short term assets ($864.1M) exceed its long term liabilities ($721.7M).
Debt to Equity History and Analysis
Debt Level: PKOH's net debt to equity ratio (201.7%) is considered high.
Reducing Debt: PKOH's debt to equity ratio has increased from 172.9% to 221.6% over the past 5 years.
Debt Coverage: PKOH's debt is not well covered by operating cash flow (7.1%).
Interest Coverage: PKOH's interest payments on its debt are not well covered by EBIT (2.1x coverage).