Par Pacific Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Par Pacific Holdings has a total shareholder equity of $1.3B and total debt of $639.5M, which brings its debt-to-equity ratio to 48.8%. Its total assets and total liabilities are $3.8B and $2.5B respectively. Par Pacific Holdings's EBIT is $423.0M making its interest coverage ratio 7.3. It has cash and short-term investments of $228.3M.
Key information
48.8%
Debt to equity ratio
US$639.51m
Debt
Interest coverage ratio | 7.3x |
Cash | US$228.30m |
Equity | US$1.31b |
Total liabilities | US$2.46b |
Total assets | US$3.77b |
Recent financial health updates
These 4 Measures Indicate That Par Pacific Holdings (NYSE:PARR) Is Using Debt Reasonably Well
Apr 26Par Pacific Holdings (NYSE:PARR) Has A Pretty Healthy Balance Sheet
Nov 09Par Pacific Holdings (NYSE:PARR) Seems To Use Debt Quite Sensibly
Aug 08Does Par Pacific Holdings (NYSE:PARR) Have A Healthy Balance Sheet?
Apr 11These 4 Measures Indicate That Par Pacific Holdings (NYSE:PARR) Is Using Debt Extensively
Dec 07Recent updates
Oil Refiner Par Pacific Has Some Problems
Jul 03Insufficient Growth At Par Pacific Holdings, Inc. (NYSE:PARR) Hampers Share Price
Jun 24Par Pacific Holdings, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 10These 4 Measures Indicate That Par Pacific Holdings (NYSE:PARR) Is Using Debt Reasonably Well
Apr 26Do Par Pacific Holdings' (NYSE:PARR) Earnings Warrant Your Attention?
Apr 10Par Pacific Holdings, Inc. (NYSE:PARR) Shares Could Be 27% Below Their Intrinsic Value Estimate
Mar 02Par Pacific Holdings Stock: Despite The Run-Up In 2023, It Still Looks Solid
Jan 12Here's Why We Think Par Pacific Holdings (NYSE:PARR) Might Deserve Your Attention Today
Jan 10Insufficient Growth At Par Pacific Holdings, Inc. (NYSE:PARR) Hampers Share Price
Dec 23Par Pacific Holdings (NYSE:PARR) Has A Pretty Healthy Balance Sheet
Nov 09Par Pacific Holdings: A 'Buy' For Growth-Focused Investors
Oct 25Here's Why We Think Par Pacific Holdings (NYSE:PARR) Might Deserve Your Attention Today
Sep 28Par Pacific Holdings: Low Valuation But Seemingly Deserved
Aug 08Par Pacific Holdings (NYSE:PARR) Seems To Use Debt Quite Sensibly
Aug 08Analysts Just Shipped A Captivating Upgrade To Their Par Pacific Holdings, Inc. (NYSE:PARR) Estimates
May 10Does Par Pacific Holdings (NYSE:PARR) Have A Healthy Balance Sheet?
Apr 11We Think Par Pacific Holdings (NYSE:PARR) Might Have The DNA Of A Multi-Bagger
Mar 21Estimating The Fair Value Of Par Pacific Holdings, Inc. (NYSE:PARR)
Feb 27Oil Refiner Par Pacific Reported A Much Strong Earnings For 2022
Feb 24Par Pacific proposes $550M senior secured term loan
Feb 03Par Pacific names Shawn Flores as CFO
Dec 20These 4 Measures Indicate That Par Pacific Holdings (NYSE:PARR) Is Using Debt Extensively
Dec 07Par Pacific Non-GAAP EPS of $2.88 beats by $0.87, revenue of $2.06B beats by $370M
Nov 01Par Pacific Holdings (NYSE:PARR) Is Doing The Right Things To Multiply Its Share Price
Sep 20Financial Position Analysis
Short Term Liabilities: PARR's short term assets ($1.9B) exceed its short term liabilities ($1.4B).
Long Term Liabilities: PARR's short term assets ($1.9B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: PARR's net debt to equity ratio (31.4%) is considered satisfactory.
Reducing Debt: PARR's debt to equity ratio has reduced from 110.7% to 48.8% over the past 5 years.
Debt Coverage: PARR's debt is well covered by operating cash flow (72.8%).
Interest Coverage: PARR's interest payments on its debt are well covered by EBIT (7.3x coverage).