Paramount Corporation Berhad Balance Sheet Health
Financial Health criteria checks 5/6
Paramount Berhad has a total shareholder equity of MYR1.5B and total debt of MYR876.6M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are MYR2.9B and MYR1.4B respectively. Paramount Berhad's EBIT is MYR233.0M making its interest coverage ratio 6.1. It has cash and short-term investments of MYR173.0M.
Key information
57.4%
Debt to equity ratio
RM 876.57m
Debt
| Interest coverage ratio | 6.1x |
| Cash | RM 172.99m |
| Equity | RM 1.53b |
| Total liabilities | RM 1.42b |
| Total assets | RM 2.95b |
Recent financial health updates
Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?
May 21
Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?
Apr 05These 4 Measures Indicate That Paramount Corporation Berhad (KLSE:PARAMON) Is Using Debt Extensively
Dec 14Recent updates
We Think You Can Look Beyond Paramount Corporation Berhad's (KLSE:PARAMON) Lackluster Earnings
Sep 04Paramount Corporation Berhad (KLSE:PARAMON) Has Announced A Dividend Of MYR0.03
Sep 02Does This Valuation Of Paramount Corporation Berhad (KLSE:PARAMON) Imply Investors Are Overpaying?
Aug 06Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?
May 21Results: Paramount Corporation Berhad Exceeded Expectations And The Consensus Has Updated Its Estimates
Mar 03Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At MYR0.03
Aug 29Analysts Just Shaved Their Paramount Corporation Berhad (KLSE:PARAMON) Forecasts Dramatically
May 30Paramount Corporation Berhad (KLSE:PARAMON) Will Pay A Larger Dividend Than Last Year At RM0.03
Jun 09Paramount Corporation Berhad (KLSE:PARAMON) Has Announced That It Will Be Increasing Its Dividend To RM0.03
May 02Paramount Corporation Berhad's (KLSE:PARAMON) Conservative Accounting Might Explain Soft Earnings
Dec 02Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?
Apr 05How Does Paramount Corporation Berhad (KLSE:PARAMON) Fare As A Dividend Stock?
Mar 15Paramount Corporation Berhad (KLSE:PARAMON) Has Compensated Shareholders With A 1.0% Return On Their Investment
Feb 22Could The Paramount Corporation Berhad (KLSE:PARAMON) Ownership Structure Tell Us Something Useful?
Jan 25These 4 Measures Indicate That Paramount Corporation Berhad (KLSE:PARAMON) Is Using Debt Extensively
Dec 14How Much Did Paramount Corporation Berhad's (KLSE:PARAMON) Shareholders Earn On Their Investment Over The Last Year?
Nov 23
Financial Position Analysis
Short Term Liabilities: PARAMON's short term assets (MYR1.7B) exceed its short term liabilities (MYR753.8M).
Long Term Liabilities: PARAMON's short term assets (MYR1.7B) exceed its long term liabilities (MYR666.2M).
Debt to Equity History and Analysis
Debt Level: PARAMON's net debt to equity ratio (46%) is considered high.
Reducing Debt: PARAMON's debt to equity ratio has reduced from 68.8% to 57.4% over the past 5 years.
Debt Coverage: PARAMON's debt is well covered by operating cash flow (45.6%).
Interest Coverage: PARAMON's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 19:42 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Paramount Corporation Berhad is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Khir Goh | AmInvestment Bank Berhad |
| Zing Sheng Khoo | AmInvestment Bank Berhad |
| Kok Loong | RHB Investment Bank |