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Paragon Banking Group (LSE:PAG) Liabilities-to-Assets : 0.92 (As of Sep. 2023)


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What is Paragon Banking Group Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Paragon Banking Group's Total Liabilities for the quarter that ended in Sep. 2023 was £17,009.6 Mil. Paragon Banking Group's Total Assets for the quarter that ended in Sep. 2023 was £18,420.2 Mil. Therefore, Paragon Banking Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 was 0.92.


Paragon Banking Group Liabilities-to-Assets Historical Data

The historical data trend for Paragon Banking Group's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Paragon Banking Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Liabilities-to-Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.93 0.92 0.92 0.92

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
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.92 0.92 0.92 0.92

Competitive Comparison of Paragon Banking Group's Liabilities-to-Assets

For the Mortgage Finance subindustry, Paragon Banking Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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 Liabilities-to-Assets Distribution in the Banks Industry

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

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



Paragon Banking Group Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Paragon Banking Group's Liabilities-to-Assets Ratio for the fiscal year that ended in Sep. 2023 is calculated as:

Liabilities-to-Assets (A: Sep. 2023 )=Total Liabilities/Total Assets
=17009.6/18420.2
=0.92

Paragon Banking Group's Liabilities-to-Assets Ratio for the quarter that ended in Sep. 2023 is calculated as

Liabilities-to-Assets (Q: Sep. 2023 )=Total Liabilities/Total Assets
=17009.6/18420.2
=0.92

* 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.


Paragon Banking Group  (LSE:PAG) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Paragon Banking Group Liabilities-to-Assets Related Terms

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Paragon Banking Group (LSE:PAG) Business Description

Traded in Other Exchanges
Address
51 Homer Road, Solihull, West Midlands, GBR, B91 3QJ
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.