Paratus Energy Services Balance Sheet Health
Financial Health criteria checks 1/6
Paratus Energy Services has a total shareholder equity of $344.9M and total debt of $665.3M, which brings its debt-to-equity ratio to 192.9%. Its total assets and total liabilities are $1.2B and $805.1M respectively. Paratus Energy Services's EBIT is $84.6M making its interest coverage ratio 1. It has cash and short-term investments of $232.2M.
Key information
192.9%
Debt to equity ratio
US$665.30m
Debt
| Interest coverage ratio | 1x |
| Cash | US$232.20m |
| Equity | US$344.90m |
| Total liabilities | US$805.10m |
| Total assets | US$1.15b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U6N's short term assets ($506.5M) exceed its short term liabilities ($74.5M).
Long Term Liabilities: U6N's short term assets ($506.5M) do not cover its long term liabilities ($730.6M).
Debt to Equity History and Analysis
Debt Level: U6N's net debt to equity ratio (125.6%) is considered high.
Reducing Debt: Insufficient data to determine if U6N's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: U6N's debt is not well covered by operating cash flow (1.1%).
Interest Coverage: U6N's interest payments on its debt are not well covered by EBIT (1x coverage).