Paragon Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Paragon Technologies has a total shareholder equity of $22.6M and total debt of $10.8M, which brings its debt-to-equity ratio to 48%. Its total assets and total liabilities are $64.3M and $41.7M respectively. Paragon Technologies's EBIT is $3.8M making its interest coverage ratio 4.6. It has cash and short-term investments of $9.1M.
Key information
48.0%
Debt to equity ratio
US$10.84m
Debt
Interest coverage ratio | 4.6x |
Cash | US$9.10m |
Equity | US$22.60m |
Total liabilities | US$41.67m |
Total assets | US$64.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGNT's short term assets ($58.6M) exceed its short term liabilities ($41.1M).
Long Term Liabilities: PGNT's short term assets ($58.6M) exceed its long term liabilities ($588.0K).
Debt to Equity History and Analysis
Debt Level: PGNT's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: PGNT's debt to equity ratio has reduced from 75.8% to 48% over the past 5 years.
Debt Coverage: PGNT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PGNT's interest payments on its debt are well covered by EBIT (4.6x coverage).