Paragon 28 Balance Sheet Health
Financial Health criteria checks 3/6
Paragon 28 has a total shareholder equity of $177.7M and total debt of $110.4M, which brings its debt-to-equity ratio to 62.1%. Its total assets and total liabilities are $340.7M and $163.0M respectively.
Key information
62.1%
Debt to equity ratio
US$110.44m
Debt
Interest coverage ratio | n/a |
Cash | US$75.64m |
Equity | US$177.74m |
Total liabilities | US$162.96m |
Total assets | US$340.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7GQ's short term assets ($215.8M) exceed its short term liabilities ($51.2M).
Long Term Liabilities: 7GQ's short term assets ($215.8M) exceed its long term liabilities ($111.7M).
Debt to Equity History and Analysis
Debt Level: 7GQ's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 7GQ's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 7GQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 7GQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.8% each year