Propel Funeral Partners Balance Sheet Health
Financial Health criteria checks 1/6
Propel Funeral Partners has a total shareholder equity of A$255.2M and total debt of A$182.3M, which brings its debt-to-equity ratio to 71.4%. Its total assets and total liabilities are A$600.0M and A$344.8M respectively. Propel Funeral Partners's EBIT is A$36.8M making its interest coverage ratio 3.8. It has cash and short-term investments of A$8.0M.
Key information
71.4%
Debt to equity ratio
AU$182.34m
Debt
Interest coverage ratio | 3.8x |
Cash | AU$8.00m |
Equity | AU$255.21m |
Total liabilities | AU$344.80m |
Total assets | AU$600.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFP's short term assets (A$104.4M) do not cover its short term liabilities (A$138.0M).
Long Term Liabilities: PFP's short term assets (A$104.4M) do not cover its long term liabilities (A$206.8M).
Debt to Equity History and Analysis
Debt Level: PFP's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: PFP's debt to equity ratio has increased from 0% to 71.4% over the past 5 years.
Debt Coverage: PFP's debt is not well covered by operating cash flow (18.4%).
Interest Coverage: PFP's interest payments on its debt are well covered by EBIT (3.8x coverage).