Parks! America Balance Sheet Health
Financial Health criteria checks 4/6
Parks! America has a total shareholder equity of $14.7M and total debt of $4.0M, which brings its debt-to-equity ratio to 27.5%. Its total assets and total liabilities are $19.6M and $5.0M respectively.
Key information
27.5%
Debt to equity ratio
US$4.04m
Debt
Interest coverage ratio | n/a |
Cash | US$3.61m |
Equity | US$14.68m |
Total liabilities | US$4.96m |
Total assets | US$19.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRKA's short term assets ($4.7M) exceed its short term liabilities ($1.5M).
Long Term Liabilities: PRKA's short term assets ($4.7M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: PRKA's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: PRKA's debt to equity ratio has increased from 19.3% to 27.5% over the past 5 years.
Debt Coverage: PRKA's debt is well covered by operating cash flow (30.4%).
Interest Coverage: Insufficient data to determine if PRKA's interest payments on its debt are well covered by EBIT.