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$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.5B and CA$906.7M respectively. Paramount Resources's EBIT is CA$412.9M making its interest coverage ratio 62.6. It has cash and short-term investments of CA$57.1M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 62.6x |
| Cash | CA$57.10m |
| Equity | CA$3.55b |
| Total liabilities | CA$906.70m |
| Total assets | CA$4.46b |
Recent financial health updates
Recent updates
Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's
May 07
Are 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 29Estimating The Fair Value Of Paramount Resources Ltd. (TSE:POU)
Feb 02Do Paramount Resources' (TSE:POU) Earnings Warrant Your Attention?
Jan 04Paramount Resources (TSE:POU) Has A Pretty Healthy Balance Sheet
Nov 30Paramount Resources' (TSE:POU) Upcoming Dividend Will Be Larger Than Last Year's
Nov 07Financial Position Analysis
Short Term Liabilities: POU's short term assets (CA$234.5M) do not cover its short term liabilities (CA$348.0M).
Long Term Liabilities: POU's short term assets (CA$234.5M) do not cover its long term liabilities (CA$558.7M).
Debt to Equity History and Analysis
Debt Level: POU is debt free.
Reducing Debt: POU has no debt compared to 5 years ago when its debt to equity ratio was 38.3%.
Debt Coverage: POU has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: POU has no debt, therefore coverage of interest payments is not a concern.