Paramount Resources Balance Sheet Health
Financial Health criteria checks 4/6
Paramount Resources has a total shareholder equity of CA$3.5B and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$4.4B and CA$889.5M respectively. Paramount Resources's EBIT is CA$472.6M making its interest coverage ratio 72.7. It has cash and short-term investments of CA$48.9M.
Key information
0%
Debt to equity ratio
CA$0
Debt
| Interest coverage ratio | 72.7x |
| Cash | CA$48.90m |
| Equity | CA$3.50b |
| Total liabilities | CA$889.50m |
| Total assets | CA$4.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PQ51's short term assets (CA$223.6M) do not cover its short term liabilities (CA$313.0M).
Long Term Liabilities: PQ51's short term assets (CA$223.6M) do not cover its long term liabilities (CA$576.5M).
Debt to Equity History and Analysis
Debt Level: PQ51 is debt free.
Reducing Debt: PQ51 has no debt compared to 5 years ago when its debt to equity ratio was 36.2%.
Debt Coverage: PQ51 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PQ51 has no debt, therefore coverage of interest payments is not a concern.