Paragon Union Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Paragon Union Berhad has a total shareholder equity of MYR75.6M and total debt of MYR7.5M, which brings its debt-to-equity ratio to 9.9%. Its total assets and total liabilities are MYR107.4M and MYR31.8M respectively.
Key information
9.9%
Debt to equity ratio
RM 7.49m
Debt
| Interest coverage ratio | n/a |
| Cash | RM 1.79m |
| Equity | RM 75.57m |
| Total liabilities | RM 31.83m |
| Total assets | RM 107.40m |
Recent financial health updates
Here's Why Paragon Union Berhad (KLSE:PARAGON) Can Afford Some Debt
Feb 23
Paragon Union Berhad (KLSE:PARAGON) Is Making Moderate Use Of Debt
Feb 16We Think Paragon Union Berhad (KLSE:PARAGON) Has A Fair Chunk Of Debt
Dec 10
Recent updates
We Think That There Are Issues Underlying Paragon Union Berhad's (KLSE:PARAGON) Earnings
Jun 04Here's Why Paragon Union Berhad (KLSE:PARAGON) Can Afford Some Debt
Feb 23Paragon Union Berhad's (KLSE:PARAGON) Promising Earnings May Rest On Soft Foundations
Dec 04Optimistic Investors Push Paragon Union Berhad (KLSE:PARAGON) Shares Up 35% But Growth Is Lacking
Apr 18Paragon Union Berhad (KLSE:PARAGON) Is Making Moderate Use Of Debt
Feb 16We Think Paragon Union Berhad (KLSE:PARAGON) Has A Fair Chunk Of Debt
Dec 10Financial Position Analysis
Short Term Liabilities: PARAGON's short term assets (MYR33.2M) exceed its short term liabilities (MYR15.2M).
Long Term Liabilities: PARAGON's short term assets (MYR33.2M) exceed its long term liabilities (MYR16.7M).
Debt to Equity History and Analysis
Debt Level: PARAGON's net debt to equity ratio (7.5%) is considered satisfactory.
Reducing Debt: PARAGON's debt to equity ratio has reduced from 41.3% to 9.9% over the past 5 years.
Debt Coverage: PARAGON's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PARAGON's interest payments on its debt are well covered by EBIT.