GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Paragon Technologies Inc (OTCPK:PGNT) » Definitions » Financial Strength

Paragon Technologies (Paragon Technologies) Financial Strength : 0 (As of Dec. 2008)


View and export this data going back to . Start your Free Trial

What is Paragon Technologies Financial Strength?

Paragon Technologies has the Financial Strength Rank of 0.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.

Paragon Technologies has no long-term debt (1). Paragon Technologies's debt to revenue ratio for the quarter that ended in Dec. 2008 was 0.00. As of today, Paragon Technologies's Altman Z-Score is 0.00.

(1) Note: An indication of "no long-term debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.


Competitive Comparison of Paragon Technologies's Financial Strength

For the Electronics & Computer Distribution subindustry, Paragon Technologies's Financial Strength, along with its competitors' market caps and Financial Strength 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 Technologies's Financial Strength Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Paragon Technologies's Financial Strength distribution charts can be found below:

* The bar in red indicates where Paragon Technologies's Financial Strength falls into.



Paragon Technologies Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Paragon Technologies's Interest Expense for the months ended in Dec. 2008 was $0.00 Mil. Its Operating Income for the months ended in Dec. 2008 was $-0.14 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2008 was $0.00 Mil.

Paragon Technologies's Interest Coverage for the quarter that ended in Dec. 2008 is

Paragon Technologies had no long-term debt (1).

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Paragon Technologies's Debt to Revenue Ratio for the quarter that ended in Dec. 2008 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2008 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(0 + 0) / 15.268
=0.00

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Paragon Technologies has a Z-score of 0.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

* 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 Technologies  (OTCPK:PGNT) Financial Strength Explanation

The maximum rank is 10. Companies with rank 7 or higher will be unlikely to fall into distressed situations. Companies with rank of 3 or less are likely in financial distress.

Paragon Technologies has the Financial Strength Rank of 0.


Paragon Technologies Financial Strength Related Terms

Thank you for viewing the detailed overview of Paragon Technologies's Financial Strength provided by GuruFocus.com. Please click on the following links to see related term pages.


Paragon Technologies (Paragon Technologies) Business Description

Traded in Other Exchanges
N/A
Address
101 Larry Holmes Drive, Suite 500, Easton, PA, USA, 18042
Paragon Technologies Inc through its subsidiary provides a variety of material handling solutions including systems, technologies, products and services for material flow applications as well as information technology hardware product distribution. The company's segment includes automation, distribution, and real estate investments. It generates maximum revenue from the distribution segment. Geographical Markets include North America, Latin America, Europe and Asia, out of which the majority is from Latin America. The distribution segment distributes IT equipment, consumer electronics, and appliances to businesses, retailers and e-tailers. Additionally, it also provides business services such as printing, electronic document management, electronic invoicing and storage solutions.
Executives
Anthony W Schweiger director 240 TRIANON LANE, VILLANOVA PA 19085