Par Pacific Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Par Pacific Holdings has a total shareholder equity of $1.3B and total debt of $1.0B, which brings its debt-to-equity ratio to 83.3%. Its total assets and total liabilities are $3.9B and $2.6B respectively. Par Pacific Holdings's EBIT is $250.3M making its interest coverage ratio 3.3. It has cash and short-term investments of $183.0M.
Key information
83.3%
Debt to equity ratio
US$1.04b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$182.98m |
| Equity | US$1.25b |
| Total liabilities | US$2.60b |
| Total assets | US$3.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PARR *'s short term assets ($1.8B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: PARR *'s short term assets ($1.8B) exceed its long term liabilities ($1.6B).
Debt to Equity History and Analysis
Debt Level: PARR *'s net debt to equity ratio (68.7%) is considered high.
Reducing Debt: PARR *'s debt to equity ratio has reduced from 111.2% to 83.3% over the past 5 years.
Debt Coverage: PARR *'s debt is not well covered by operating cash flow (9.3%).
Interest Coverage: PARR *'s interest payments on its debt are well covered by EBIT (3.3x coverage).