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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 22:51 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paref SA is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Benoît Faure-Jarrosson | Invest Securities |