Park Lawn Balance Sheet Health
Financial Health criteria checks 4/6
Park Lawn has a total shareholder equity of $537.2M and total debt of $223.2M, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are $1.3B and $734.6M respectively. Park Lawn's EBIT is $43.9M making its interest coverage ratio 3.5. It has cash and short-term investments of $17.7M.
Key information
41.6%
Debt to equity ratio
US$223.22m
Debt
Interest coverage ratio | 3.5x |
Cash | US$17.69m |
Equity | US$537.17m |
Total liabilities | US$734.62m |
Total assets | US$1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRRW.F's short term assets ($77.3M) exceed its short term liabilities ($45.5M).
Long Term Liabilities: PRRW.F's short term assets ($77.3M) do not cover its long term liabilities ($689.1M).
Debt to Equity History and Analysis
Debt Level: PRRW.F's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: PRRW.F's debt to equity ratio has increased from 24% to 41.6% over the past 5 years.
Debt Coverage: PRRW.F's debt is well covered by operating cash flow (26%).
Interest Coverage: PRRW.F's interest payments on its debt are well covered by EBIT (3.5x coverage).