Paragon ID Balance Sheet Health
Financial Health criteria checks 1/6
Paragon ID has a total shareholder equity of €21.4M and total debt of €78.9M, which brings its debt-to-equity ratio to 369.3%. Its total assets and total liabilities are €169.4M and €148.0M respectively. Paragon ID's EBIT is €2.2M making its interest coverage ratio 1.7. It has cash and short-term investments of €7.4M.
Key information
369.3%
Debt to equity ratio
€78.90m
Debt
Interest coverage ratio | 1.7x |
Cash | €7.37m |
Equity | €21.37m |
Total liabilities | €148.01m |
Total assets | €169.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIDP's short term assets (€68.4M) do not cover its short term liabilities (€87.5M).
Long Term Liabilities: PIDP's short term assets (€68.4M) exceed its long term liabilities (€60.5M).
Debt to Equity History and Analysis
Debt Level: PIDP's net debt to equity ratio (334.8%) is considered high.
Reducing Debt: PIDP's debt to equity ratio has increased from 144.9% to 369.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PIDP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PIDP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.1% each year