Paragon Globe Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Paragon Globe Berhad has a total shareholder equity of MYR304.3M and total debt of MYR163.9M, which brings its debt-to-equity ratio to 53.9%. Its total assets and total liabilities are MYR560.9M and MYR256.6M respectively. Paragon Globe Berhad's EBIT is MYR6.8M making its interest coverage ratio 6.8. It has cash and short-term investments of MYR46.2M.
Key information
53.9%
Debt to equity ratio
RM 163.91m
Debt
| Interest coverage ratio | 6.8x |
| Cash | RM 46.20m |
| Equity | RM 304.32m |
| Total liabilities | RM 256.57m |
| Total assets | RM 560.89m |
Recent financial health updates
Is Paragon Globe Berhad (KLSE:PGLOBE) Weighed On By Its Debt Load?
Jul 01
Does 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
Paragon 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 (MYR250.7M) exceed its short term liabilities (MYR87.8M).
Long Term Liabilities: PGLOBE's short term assets (MYR250.7M) exceed its long term liabilities (MYR168.8M).
Debt to Equity History and Analysis
Debt Level: PGLOBE's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: PGLOBE's debt to equity ratio has increased from 16.6% to 53.9% 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 (6.8x coverage).