Paref Balance Sheet Health
Financial Health criteria checks 1/6
Paref has a total shareholder equity of €114.3M and total debt of €72.5M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are €208.1M and €93.9M respectively. Paref's EBIT is €3.2M making its interest coverage ratio 1.2. It has cash and short-term investments of €6.3M.
Key information
63.5%
Debt to equity ratio
€72.55m
Debt
Interest coverage ratio | 1.2x |
Cash | €6.33m |
Equity | €114.27m |
Total liabilities | €93.86m |
Total assets | €208.13m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: PAR's short term assets (€23.1M) exceed its short term liabilities (€20.1M).
Long Term Liabilities: PAR's short term assets (€23.1M) do not cover its long term liabilities (€73.8M).
Debt to Equity History and Analysis
Debt Level: PAR's net debt to equity ratio (57.9%) is considered high.
Reducing Debt: PAR's debt to equity ratio has increased from 23.4% to 63.5% over the past 5 years.
Debt Coverage: PAR's debt is not well covered by operating cash flow (11.1%).
Interest Coverage: PAR's interest payments on its debt are not well covered by EBIT (1.2x coverage).