Paragon Banking Group Balance Sheet Health
Financial Health criteria checks 5/6
Paragon Banking Group has a total shareholder equity of £1.4B and total debt of £2.3B, which brings its debt-to-equity ratio to 168.2%. Its total assets and total liabilities are £19.0B and £17.6B respectively.
Key information
168.2%
Debt to equity ratio
UK£2.32b
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.55b |
| Equity | UK£1.38b |
| Total liabilities | UK£17.60b |
| Total assets | UK£18.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAGL's short term assets (£18.6B) exceed its short term liabilities (£15.4B).
Long Term Liabilities: PAGL's short term assets (£18.6B) exceed its long term liabilities (£2.2B).
Debt to Equity History and Analysis
Debt Level: PAGL has more cash than its total debt.
Reducing Debt: PAGL's debt to equity ratio has reduced from 692.4% to 168.2% over the past 5 years.
Debt Coverage: PAGL's debt is well covered by operating cash flow (105.9%).
Interest Coverage: Insufficient data to determine if PAGL's interest payments on its debt are well covered by EBIT.