Paragon 28 Balance Sheet Health
Financial Health criteria checks 2/6
Paragon 28 has a total shareholder equity of $139.4M and total debt of $110.6M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are $302.0M and $162.6M respectively.
Key information
79.3%
Debt to equity ratio
US$110.62m
Debt
| Interest coverage ratio | n/a |
| Cash | US$39.15m |
| Equity | US$139.43m |
| Total liabilities | US$162.58m |
| Total assets | US$302.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7GQ's short term assets ($177.6M) exceed its short term liabilities ($50.7M).
Long Term Liabilities: 7GQ's short term assets ($177.6M) exceed its long term liabilities ($111.9M).
Debt to Equity History and Analysis
Debt Level: 7GQ's net debt to equity ratio (51.3%) is considered high.
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 38.6% each year