Paramount Corporation Berhad Balance Sheet Health
Financial Health criteria checks 6/6
Paramount Berhad has a total shareholder equity of MYR1.6B and total debt of MYR828.1M, which brings its debt-to-equity ratio to 50.8%. Its total assets and total liabilities are MYR3.0B and MYR1.3B respectively. Paramount Berhad's EBIT is MYR159.0M making its interest coverage ratio 5.8. It has cash and short-term investments of MYR202.7M.
Key information
50.8%
Debt to equity ratio
RM828.11m
Debt
| Interest coverage ratio | 5.8x |
| Cash | RM202.75m |
| Equity | RM1.63b |
| Total liabilities | RM1.35b |
| Total assets | RM2.98b |
Recent financial health updates
Does Paramount Corporation Berhad (KLSE:PARAMON) Have A Healthy Balance Sheet?
Apr 05
These 4 Measures Indicate That Paramount Corporation Berhad (KLSE:PARAMON) Is Using Debt Extensively
Dec 14Recent updates
Results: 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 (MYR1.4B) exceed its short term liabilities (MYR712.2M).
Long Term Liabilities: PARAMON's short term assets (MYR1.4B) exceed its long term liabilities (MYR634.6M).
Debt to Equity History and Analysis
Debt Level: PARAMON's net debt to equity ratio (38.4%) is considered satisfactory.
Reducing Debt: PARAMON's debt to equity ratio has reduced from 66.9% to 50.8% over the past 5 years.
Debt Coverage: PARAMON's debt is well covered by operating cash flow (29.4%).
Interest Coverage: PARAMON's interest payments on its debt are well covered by EBIT (5.8x coverage).