ProAssurance Balance Sheet Health
Financial Health criteria checks 2/6
ProAssurance has a total shareholder equity of $1.1B and total debt of $427.8M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are $5.7B and $4.5B respectively. ProAssurance's EBIT is $47.5M making its interest coverage ratio 2. It has cash and short-term investments of $307.2M.
Key information
38.4%
Debt to equity ratio
US$427.77m
Debt
Interest coverage ratio | 2x |
Cash | US$307.18m |
Equity | US$1.11b |
Total liabilities | US$4.54b |
Total assets | US$5.65b |
Recent financial health updates
No updates
Recent updates
Results: ProAssurance Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
May 09ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of $0.05
Mar 12ProAssurance declares $0.05 dividend
Sep 08ProAssurance Non-GAAP EPS of $1.19 beats by $1.10
Aug 08ProAssurance's (NYSE:PRA) Dividend Will Be US$0.05
Sep 19ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of US$0.05
Sep 05Need To Know: Analysts Are Much More Bullish On ProAssurance Corporation (NYSE:PRA) Revenues
Aug 08We Wouldn't Be Too Quick To Buy ProAssurance Corporation (NYSE:PRA) Before It Goes Ex-Dividend
Mar 20Should You Buy ProAssurance Corporation (NYSE:PRA) For Its Dividend?
Feb 24What Is The Ownership Structure Like For ProAssurance Corporation (NYSE:PRA)?
Jan 20Don't Buy ProAssurance Corporation (NYSE:PRA) For Its Next Dividend Without Doing These Checks
Dec 16ProAssurance declares $0.05 dividend
Dec 02ProAssurance's(NYSE:PRA) Share Price Is Down 72% Over The Past Three Years.
Nov 27ProAssurance Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 09ProAssurance EPS misses by $0.06, misses on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: PRA's short term assets ($1.1B) exceed its short term liabilities ($506.4M).
Long Term Liabilities: PRA's short term assets ($1.1B) do not cover its long term liabilities ($4.0B).
Debt to Equity History and Analysis
Debt Level: PRA's net debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: PRA's debt to equity ratio has increased from 18.4% to 38.4% over the past 5 years.
Debt Coverage: PRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRA's interest payments on its debt are not well covered by EBIT (2x coverage).