Paragon Banking Group Balance Sheet Health
Financial Health criteria checks 5/6
Paragon Banking Group has a total shareholder equity of £1.4B and total debt of £3.1B, which brings its debt-to-equity ratio to 221.6%. Its total assets and total liabilities are £18.4B and £17.0B respectively.
Key information
221.6%
Debt to equity ratio
UK£3.13b
Debt
Interest coverage ratio | n/a |
Cash | UK£3.61b |
Equity | UK£1.41b |
Total liabilities | UK£17.01b |
Total assets | UK£18.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 46P1's short term assets (£18.2B) exceed its short term liabilities (£14.0B).
Long Term Liabilities: 46P1's short term assets (£18.2B) exceed its long term liabilities (£3.0B).
Debt to Equity History and Analysis
Debt Level: 46P1 has more cash than its total debt.
Reducing Debt: 46P1's debt to equity ratio has reduced from 741.2% to 221.6% over the past 5 years.
Debt Coverage: 46P1's debt is well covered by operating cash flow (69.5%).
Interest Coverage: Insufficient data to determine if 46P1's interest payments on its debt are well covered by EBIT.