Paragon ID Balance Sheet Health
Financial Health criteria checks 1/6
Paragon ID has a total shareholder equity of €22.5M and total debt of €71.3M, which brings its debt-to-equity ratio to 317%. Its total assets and total liabilities are €164.7M and €142.2M respectively. Paragon ID's EBIT is €4.2M making its interest coverage ratio 2.4. It has cash and short-term investments of €6.3M.
Key information
317.0%
Debt to equity ratio
€71.30m
Debt
| Interest coverage ratio | 2.4x |
| Cash | €6.33m |
| Equity | €22.49m |
| Total liabilities | €142.16m |
| Total assets | €164.65m |
Recent financial health updates
Paragon ID (EPA:PID) Has Debt But No Earnings; Should You Worry?
Nov 11
Is Paragon ID (EPA:PID) Using Debt In A Risky Way?
Apr 17Recent updates
Financial Position Analysis
Short Term Liabilities: PID's short term assets (€60.2M) do not cover its short term liabilities (€83.0M).
Long Term Liabilities: PID's short term assets (€60.2M) exceed its long term liabilities (€59.2M).
Debt to Equity History and Analysis
Debt Level: PID's net debt to equity ratio (288.9%) is considered high.
Reducing Debt: PID's debt to equity ratio has increased from 168.2% to 317% over the past 5 years.
Debt Coverage: PID's debt is not well covered by operating cash flow (16.7%).
Interest Coverage: PID's interest payments on its debt are not well covered by EBIT (2.4x coverage).