PAID Balance Sheet Health
Financial Health criteria checks 6/6
PAID has a total shareholder equity of $4.5M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.3M and $2.8M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$2.05m |
Equity | US$4.46m |
Total liabilities | US$2.83m |
Total assets | US$7.29m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PAYD's short term assets ($4.8M) exceed its short term liabilities ($1.9M).
Long Term Liabilities: PAYD's short term assets ($4.8M) exceed its long term liabilities ($901.3K).
Debt to Equity History and Analysis
Debt Level: PAYD is debt free.
Reducing Debt: PAYD has no debt compared to 5 years ago when its debt to equity ratio was 0.8%.
Debt Coverage: PAYD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PAYD has no debt, therefore coverage of interest payments is not a concern.