PS Business Parks Balance Sheet Health
Financial Health criteria checks 6/6
PS Business Parks has a total shareholder equity of $2.1B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2B and $92.0M respectively. PS Business Parks's EBIT is $186.3M making its interest coverage ratio 95.6. It has cash and short-term investments of $173.5M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 95.6x |
Cash | US$173.46m |
Equity | US$2.11b |
Total liabilities | US$92.05m |
Total assets | US$2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSB.PRY's short term assets ($212.6M) exceed its short term liabilities ($88.5M).
Long Term Liabilities: PSB.PRY's short term assets ($212.6M) exceed its long term liabilities ($3.5M).
Debt to Equity History and Analysis
Debt Level: PSB.PRY is debt free.
Reducing Debt: PSB.PRY has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
Debt Coverage: PSB.PRY has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PSB.PRY has no debt, therefore coverage of interest payments is not a concern.