Paramount Resources Balance Sheet Health
Financial Health criteria checks 4/6
Paramount Resources has a total shareholder equity of CA$3.6B and total debt of CA$44.0M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are CA$4.5B and CA$936.9M respectively. Paramount Resources's EBIT is CA$405.6M making its interest coverage ratio 57.9. It has cash and short-term investments of CA$2.1M.
Key information
1.2%
Debt to equity ratio
CA$44.00m
Debt
| Interest coverage ratio | 57.9x |
| Cash | CA$2.10m |
| Equity | CA$3.61b |
| Total liabilities | CA$936.90m |
| Total assets | CA$4.54b |
Recent financial health updates
Recent updates
Paramount Resources (TSE:POU) Seems To Use Debt Quite Sensibly
Nov 25
Paramount Resources Ltd. Just Recorded A 8.7% Revenue Beat: Here's What Analysts Think
Nov 11Sentiment Still Eluding Paramount Resources Ltd. (TSE:POU)
Aug 22Earnings Update: Paramount Resources Ltd. (TSE:POU) Just Reported Its Second-Quarter Results And Analysts Are Updating Their Forecasts
Aug 04Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's
May 07Are Investors Undervaluing Paramount Resources Ltd. (TSE:POU) By 44%?
Apr 24Paramount Resources Ltd. (TSE:POU) Doing What It Can To Lift Shares
Apr 03Earnings Troubles May Signal Larger Issues for Paramount Resources (TSE:POU) Shareholders
Mar 14Paramount Resources' (TSE:POU) Dividend Will Be CA$0.125
Feb 06Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125
Jan 09Paramount Resources (TSE:POU) Will Pay A Dividend Of CA$0.125
Dec 13We Ran A Stock Scan For Earnings Growth And Paramount Resources (TSE:POU) Passed With Ease
Sep 29Financial Position Analysis
Short Term Liabilities: POU's short term assets (CA$169.2M) do not cover its short term liabilities (CA$272.0M).
Long Term Liabilities: POU's short term assets (CA$169.2M) do not cover its long term liabilities (CA$664.9M).
Debt to Equity History and Analysis
Debt Level: POU's net debt to equity ratio (1.2%) is considered satisfactory.
Reducing Debt: POU's debt to equity ratio has reduced from 35.6% to 1.2% over the past 5 years.
Debt Coverage: POU's debt is well covered by operating cash flow (2079.1%).
Interest Coverage: POU's interest payments on its debt are well covered by EBIT (57.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 09:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paramount Resources Ltd. is covered by 23 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Patrick O'Rourke | ATB Capital Markets |
| Grant Hofer | Barclays |
| Jim Byrne | BMO Capital Markets Equity Research |