Prospa Group Balance Sheet Health
Financial Health criteria checks 4/6
Prospa Group has a total shareholder equity of A$100.8M and total debt of A$758.4M, which brings its debt-to-equity ratio to 752.7%. Its total assets and total liabilities are A$878.7M and A$778.0M respectively.
Key information
752.7%
Debt to equity ratio
AU$758.35m
Debt
Interest coverage ratio | n/a |
Cash | AU$117.20m |
Equity | AU$100.75m |
Total liabilities | AU$777.96m |
Total assets | AU$878.71m |
Recent financial health updates
No updates
Recent updates
What Type Of Shareholders Make Up Prospa Group Limited's (ASX:PGL) Share Registry?
Mar 02How Much Are Prospa Group Limited (ASX:PGL) Insiders Spending On Buying Shares?
Jan 26Prospa Group (ASX:PGL) Share Prices Have Dropped 51% In The Last Year
Dec 22Is Prospa Group Limited's (ASX:PGL) Shareholder Ownership Skewed Towards Insiders?
Nov 17Financial Position Analysis
Short Term Liabilities: PGL's short term assets (A$837.0M) exceed its short term liabilities (A$8.8M).
Long Term Liabilities: PGL's short term assets (A$837.0M) exceed its long term liabilities (A$769.2M).
Debt to Equity History and Analysis
Debt Level: PGL's net debt to equity ratio (636.4%) is considered high.
Reducing Debt: PGL's debt to equity ratio has increased from 303.2% to 752.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PGL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PGL is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 52.7% per year.