Paragon Care Balance Sheet Health
Financial Health criteria checks 4/6
Paragon Care has a total shareholder equity of A$291.9M and total debt of A$183.0M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are A$1.1B and A$839.0M respectively. Paragon Care's EBIT is A$33.9M making its interest coverage ratio 3.5. It has cash and short-term investments of A$20.7M.
Key information
62.7%
Debt to equity ratio
AU$183.00m
Debt
| Interest coverage ratio | 3.5x |
| Cash | AU$20.66m |
| Equity | AU$291.92m |
| Total liabilities | AU$838.97m |
| Total assets | AU$1.13b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PGC's short term assets (A$678.8M) do not cover its short term liabilities (A$701.9M).
Long Term Liabilities: PGC's short term assets (A$678.8M) exceed its long term liabilities (A$137.1M).
Debt to Equity History and Analysis
Debt Level: PGC's net debt to equity ratio (55.6%) is considered high.
Reducing Debt: PGC's debt to equity ratio has reduced from 823.4% to 62.7% over the past 5 years.
Debt Coverage: PGC's debt is well covered by operating cash flow (24.3%).
Interest Coverage: PGC's interest payments on its debt are well covered by EBIT (3.5x coverage).