Paragon 28 Balance Sheet Health
Financial Health criteria checks 2/6
Paragon 28 has a total shareholder equity of $139.4M and total debt of $110.6M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are $302.0M and $162.6M respectively.
Key information
79.3%
Debt to equity ratio
US$110.62m
Debt
| Interest coverage ratio | n/a |
| Cash | US$39.15m |
| Equity | US$139.43m |
| Total liabilities | US$162.58m |
| Total assets | US$302.01m |
Recent financial health updates
Is Paragon 28 (NYSE:FNA) Using Too Much Debt?
Dec 23
We Think Paragon 28 (NYSE:FNA) Has A Fair Chunk Of Debt
Sep 18Is Paragon 28 (NYSE:FNA) Using Too Much Debt?
Jun 07Recent updates
Is Paragon 28 (NYSE:FNA) Using Too Much Debt?
Dec 23Analysts Have Made A Financial Statement On Paragon 28, Inc.'s (NYSE:FNA) Third-Quarter Report
Nov 15It's Down 28% But Paragon 28, Inc. (NYSE:FNA) Could Be Riskier Than It Looks
Oct 03We Think Paragon 28 (NYSE:FNA) Has A Fair Chunk Of Debt
Sep 18Investors Give Paragon 28, Inc. (NYSE:FNA) Shares A 27% Hiding
Jun 24Is Paragon 28 (NYSE:FNA) Using Too Much Debt?
Jun 07Many Still Looking Away From Paragon 28, Inc. (NYSE:FNA)
Apr 17Paragon 28, Inc. (NYSE:FNA) Full-Year Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Mar 03After Leaping 29% Paragon 28, Inc. (NYSE:FNA) Shares Are Not Flying Under The Radar
Nov 28Paragon 28 announces public offering of 6.5M shares
Jan 25Paragon 28 guides Q4 and FY22 revenue outlook above consensus
Jan 10Paragon 28 GAAP EPS of -$0.13 misses by $0.01, revenue of $46M beats by $3.52M
Nov 10Financial Position Analysis
Short Term Liabilities: FNA's short term assets ($177.6M) exceed its short term liabilities ($50.7M).
Long Term Liabilities: FNA's short term assets ($177.6M) exceed its long term liabilities ($111.9M).
Debt to Equity History and Analysis
Debt Level: FNA's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: Insufficient data to determine if FNA's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FNA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FNA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.6% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 01:38 |
| End of Day Share Price | 2025/01/08 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 |
| |
| 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
Paragon 28, Inc. is covered by 10 analysts. 7 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 |
|---|---|
| Craig Bijou | BofA Global Research |
| Neil Chatterji | B. Riley Securities, Inc. |
| Caitlin Cronin | Canaccord Genuity |