Paragon Financial Solutions (Paragon Financial Solutions) LT-Debt-to-Total-Asset : 0.06 (As of Mar. 2008)

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What is Paragon Financial Solutions LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Paragon Financial Solutions's long-term debt to total assests ratio for the quarter that ended in Mar. 2008 was 0.06.

Paragon Financial Solutions's long-term debt to total assets ratio increased from Mar. 2007 (0.00) to Mar. 2008 (0.06). It may suggest that Paragon Financial Solutions is progressively becoming more dependent on debt to grow their business.

Paragon Financial Solutions LT-Debt-to-Total-Asset Historical Data

The historical data trend for Paragon Financial Solutions's LT-Debt-to-Total-Asset 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.

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Paragon Financial Solutions LT-Debt-to-Total-Asset Chart

Paragon Financial Solutions Annual Data

Trend

Dec05

Dec06

Dec07

LT-Debt-to-Total-Asset

0.17

Paragon Financial Solutions Quarterly Data
	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial							-	-	-	0.17	0.06

Paragon Financial Solutions LT-Debt-to-Total-Asset Calculation

Paragon Financial Solutions's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2007 is calculated as

LT Debt to Total Assets (A: Dec. 2007 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2007 )	/	Total Assets (A: Dec. 2007 )
	=	52	/	314.845
	=	0.17

Paragon Financial Solutions's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2008 is calculated as

LT Debt to Total Assets (Q: Mar. 2008 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2008 )	/	Total Assets (Q: Mar. 2008 )
	=	20	/	324.45
	=	0.06

Paragon Financial Solutions (OTCPK:PGNN) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

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Paragon Financial Solutions (Paragon Financial Solutions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Paragon Financial Solutions Inc (OTCPK:PGNN) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

5400 Poplar Avenue, Suite 350, Memphis, TN, USA, 38119

Website

https://www.bankparagon.com

Paragon Financial Solutions Inc provides small and mid-sized businesses, along with their owners and executives, with a complete package of banking solutions delivered both in-person and online. The company provides Cash Management Solutions; Commerical Lending; Personal Checking Accounts; Mortgages; Private Banking and others.

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