Paragon REIT Balance Sheet Health
Financial Health criteria checks 2/6
Paragon REIT has a total shareholder equity of SGD2.9B and total debt of SGD1.3B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are SGD4.3B and SGD1.4B respectively. Paragon REIT's EBIT is SGD188.2M making its interest coverage ratio 3.3. It has cash and short-term investments of SGD136.8M.
Key information
44.1%
Debt to equity ratio
S$1.27b
Debt
Interest coverage ratio | 3.3x |
Cash | S$136.77m |
Equity | S$2.89b |
Total liabilities | S$1.38b |
Total assets | S$4.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 50E's short term assets (SGD143.0M) do not cover its short term liabilities (SGD287.6M).
Long Term Liabilities: 50E's short term assets (SGD143.0M) do not cover its long term liabilities (SGD1.1B).
Debt to Equity History and Analysis
Debt Level: 50E's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: 50E's debt to equity ratio has increased from 39.5% to 44.1% over the past 5 years.
Debt Coverage: 50E's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 50E's interest payments on its debt are well covered by EBIT (3.3x coverage).