Paragon Financial Solutions
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Paragon Financial Solutions's balance sheet done over the years? Its assets were worth $751,464,377 last year, which is more than in the previous period. 93% of Paragon Financial Solutions’s total assets is currently financed by debt. Its liabilities reached the amount of $697,547,883, which means an increase by 15% compared compared to last year.
Debt to Assets
| 2017 | 377443961 | 339.01M | 89.82% |
|---|---|---|---|
| 2019 | 405856150 | 358.93M | 88.44% |
| 2020 | 485781639 | 436.44M | 89.84% |
| 2021 | 540013805 | 489.64M | 90.67% |
| 2022 | 653797806 | 604.39M | 92.44% |
| 2023 | 751464377 | 697.54M | 92.83% |
PGNN Balance Sheet (2017 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | |
|---|---|---|---|---|---|---|
Assets | ||||||
Current assets: | ||||||
Cash and cash equivalents | 12.19M | -5.45M | -2.47M | -5.30M | -3.74M | -1.09M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 0 | 0 | 0 | 0 | 0 | 0 |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 15.03M | 14.46M | 72.33M | 22.76M | 10.61M | 8.65M |
Total current assets | 27.23M | 14.46M | 72.33M | 22.76M | 10.61M | 8.65M |
Non-current assets: | ||||||
Property, Plant and Equipment | 12.43M | 7.87M | 4.40M | 5.12M | 5.47M | 2.18M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 60.22M | 9.86M | 73.83M | 26.09M | 12.93M | 9.00M |
Other non-current assets | 714.83M | 7.16M | 5.52M | 5.87M | 6.41M | 7.19M |
Total non-current assets | 790.46M | 639.33M | 467.68M | 463.02M | 395.23M | 368.78M |
Total assets | 751.46M | 653.79M | 540.01M | 485.78M | 405.85M | 377.44M |
Liabilities | ||||||
| Current liabilities: | ||||||
Accounts payable | ||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 3.54M | 4.32M | 4.21M | 4.17M | 3.10M | 21.22M |
Total current liabilities | 348.45M | 163.92M | 169.64M | 171.20M | 171.28M | 101.73M |
| Non-current liabilities: | ||||||
Long term debt | 18.51M | 28M | 0 | 0 | 2M | 11M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 330.58M | 412.47M | 318.80M | 263.56M | 3.26M | -11.63M |
Total non-current liabilities | 349.09M | 440.47M | 319.99M | 265.24M | 187.64M | 237.27M |
Total liabilities | 697.54M | 604.39M | 489.64M | 436.44M | 358.93M | 339.01M |