Paragon Globe Berhad Balance Sheet Health
Financial Health criteria checks 3/6
Paragon Globe Berhad has a total shareholder equity of MYR313.4M and total debt of MYR275.2M, which brings its debt-to-equity ratio to 87.8%. Its total assets and total liabilities are MYR838.5M and MYR525.1M respectively. Paragon Globe Berhad's EBIT is MYR22.1M making its interest coverage ratio 4.7. It has cash and short-term investments of MYR112.3M.
Key information
87.8%
Debt to equity ratio
RM 275.18m
Debt
| Interest coverage ratio | 4.7x |
| Cash | RM 112.27m |
| Equity | RM 313.41m |
| Total liabilities | RM 525.10m |
| Total assets | RM 838.50m |
Recent financial health updates
Does Paragon Globe Berhad (KLSE:PGLOBE) Have A Healthy Balance Sheet?
Nov 25
Is Paragon Globe Berhad (KLSE:PGLOBE) Weighed On By Its Debt Load?
Jul 01Does Paragon Globe Berhad (KLSE:PGLOBE) Have A Healthy Balance Sheet?
Aug 26Health Check: How Prudently Does Paragon Globe Berhad (KLSE:PGLOBE) Use Debt?
Apr 01Recent updates
Revenues Tell The Story For Paragon Globe Berhad (KLSE:PGLOBE) As Its Stock Soars 27%
Dec 06Does Paragon Globe Berhad (KLSE:PGLOBE) Have A Healthy Balance Sheet?
Nov 25Paragon Globe Berhad (KLSE:PGLOBE) Stocks Shoot Up 29% But Its P/S Still Looks Reasonable
Jul 29Is Paragon Globe Berhad (KLSE:PGLOBE) Weighed On By Its Debt Load?
Jul 01Returns On Capital At Paragon Globe Berhad (KLSE:PGLOBE) Paint A Concerning Picture
Oct 26Paragon Globe Berhad (KLSE:PGLOBE) Might Have The Makings Of A Multi-Bagger
May 03Estimating The Intrinsic Value Of Paragon Globe Berhad (KLSE:PGLOBE)
Jan 05Does Paragon Globe Berhad (KLSE:PGLOBE) Have A Healthy Balance Sheet?
Aug 26Health Check: How Prudently Does Paragon Globe Berhad (KLSE:PGLOBE) Use Debt?
Apr 01Estimating The Fair Value Of Paragon Globe Berhad (KLSE:PGLOBE)
Jan 11Financial Position Analysis
Short Term Liabilities: PGLOBE's short term assets (MYR405.0M) exceed its short term liabilities (MYR249.8M).
Long Term Liabilities: PGLOBE's short term assets (MYR405.0M) exceed its long term liabilities (MYR275.3M).
Debt to Equity History and Analysis
Debt Level: PGLOBE's net debt to equity ratio (52%) is considered high.
Reducing Debt: PGLOBE's debt to equity ratio has increased from 12.1% to 87.8% over the past 5 years.
Debt Coverage: PGLOBE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PGLOBE's interest payments on its debt are well covered by EBIT (4.7x coverage).