Paragon REIT Balance Sheet Health
Financial Health criteria checks 3/6
Paragon REIT has a total shareholder equity of SGD3.0B and total debt of SGD1.3B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are SGD4.3B and SGD1.4B respectively. Paragon REIT's EBIT is SGD193.8M making its interest coverage ratio 3.3. It has cash and short-term investments of SGD116.8M.
Key information
42.7%
Debt to equity ratio
S$1.27b
Debt
| Interest coverage ratio | 3.3x |
| Cash | S$116.84m |
| Equity | S$2.97b |
| Total liabilities | S$1.38b |
| Total assets | S$4.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 50E's short term assets (SGD203.1M) do not cover its short term liabilities (SGD285.5M).
Long Term Liabilities: 50E's short term assets (SGD203.1M) do not cover its long term liabilities (SGD1.1B).
Debt to Equity History and Analysis
Debt Level: 50E's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: 50E's debt to equity ratio has reduced from 43% to 42.7% over the past 5 years.
Debt Coverage: 50E's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 50E's interest payments on its debt are well covered by EBIT (3.3x coverage).