Paragon Banking Group (LSE:PAG) Debt-to-Equity : 0.21 (As of Sep. 2023)

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What is Paragon Banking Group Debt-to-Equity?

Paragon Banking Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.0 Mil. Paragon Banking Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £295.3 Mil. Paragon Banking Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was £1,410.6 Mil. Paragon Banking Group's debt to equity for the quarter that ended in Sep. 2023 was 0.21.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Paragon Banking Group's Debt-to-Equity or its related term are showing as below:

LSE:PAG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.21 Med: 5.78 Max: 10.83
Current: 0.21

During the past 13 years, the highest Debt-to-Equity Ratio of Paragon Banking Group was 10.83. The lowest was 0.21. And the median was 5.78.

LSE:PAG's Debt-to-Equity is ranked better than
81.11% of 1392 companies
in the Banks industry
Industry Median: 0.65 vs LSE:PAG: 0.21

Paragon Banking Group Debt-to-Equity Historical Data

The historical data trend for Paragon Banking Group's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Paragon Banking Group Debt-to-Equity Chart

Paragon Banking Group Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Debt-to-Equity

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5.10

3.79

1.32

0.89

0.21

Paragon Banking Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-Equity	Get a 7-Day Free Trial															1.32	1.27	0.89	0.66	0.21

Competitive Comparison of Paragon Banking Group's Debt-to-Equity

For the Mortgage Finance subindustry, Paragon Banking Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Paragon Banking Group's Debt-to-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Paragon Banking Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Paragon Banking Group's Debt-to-Equity falls into.

Paragon Banking Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Paragon Banking Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	295.3)	/	1410.6
	=	0.21

Paragon Banking Group's Debt to Equity Ratio for the quarter that ended in Sep. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	295.3)	/	1410.6
	=	0.21

Paragon Banking Group (LSE:PAG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Paragon Banking Group Debt-to-Equity Related Terms

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Paragon Banking Group (LSE:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Banking Group PLC (LSE:PAG) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

PAGl:UK

Address

51 Homer Road, Solihull, West Midlands, GBR, B91 3QJ

Website

https://www.paragonbankinggroup.co.uk

Paragon Banking Group PLC, is a specialty finance company that provides diversified banking services to clients. The company operates two core businesses: Mortgages Lending and Commercial Lending. The Mortgages Lending includes the Group's buy-to-let, and owner-occupied first and second charge lending and related activities. Commercial Lending, includes the Group's equipment and motor finance leasing activities, together with development finance, structured lending and other offerings targeted towards SME customers.