Par Pacific Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Par Pacific Holdings has a total shareholder equity of $1.3B and total debt of $1.1B, which brings its debt-to-equity ratio to 83.6%. Its total assets and total liabilities are $3.9B and $2.7B respectively. Par Pacific Holdings's EBIT is $414.6M making its interest coverage ratio 6. It has cash and short-term investments of $179.7M.
Key information
83.6%
Debt to equity ratio
US$1.06b
Debt
| Interest coverage ratio | 6x |
| Cash | US$179.66m |
| Equity | US$1.27b |
| Total liabilities | US$2.67b |
| Total assets | US$3.94b |
Recent financial health updates
Is Par Pacific Holdings (NYSE:PARR) Using Too Much Debt?
Jul 30
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
Is Par Pacific Holdings (NYSE:PARR) Using Too Much Debt?
Jul 30Oil 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 01Financial Position Analysis
Short Term Liabilities: PARR's short term assets ($2.0B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: PARR's short term assets ($2.0B) exceed its long term liabilities ($1.5B).
Debt to Equity History and Analysis
Debt Level: PARR's net debt to equity ratio (69.5%) is considered high.
Reducing Debt: PARR's debt to equity ratio has reduced from 97.9% to 83.6% over the past 5 years.
Debt Coverage: PARR's debt is well covered by operating cash flow (27.2%).
Interest Coverage: PARR's interest payments on its debt are well covered by EBIT (6x coverage).