Pro-Pac Packaging Balance Sheet Health
Financial Health criteria checks 6/6
Pro-Pac Packaging has a total shareholder equity of A$127.8M and total debt of A$19.8M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are A$255.0M and A$127.2M respectively.
Key information
15.5%
Debt to equity ratio
AU$19.82m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.37m |
| Equity | AU$127.77m |
| Total liabilities | AU$127.22m |
| Total assets | AU$254.99m |
Recent financial health updates
Pro-Pac Packaging (ASX:PPG) Has Debt But No Earnings; Should You Worry?
Jun 24
Is Pro-Pac Packaging (ASX:PPG) Using Too Much Debt?
Mar 03These 4 Measures Indicate That Pro-Pac Packaging (ASX:PPG) Is Using Debt Extensively
Dec 21Pro-Pac Packaging (ASX:PPG) Seems To Use Debt Quite Sensibly
Mar 15Recent updates
Sentiment Still Eluding Pro-Pac Packaging Limited (ASX:PPG)
Mar 03Pro-Pac Packaging (ASX:PPG) Has Debt But No Earnings; Should You Worry?
Jun 24Is Pro-Pac Packaging (ASX:PPG) Using Too Much Debt?
Mar 03These 4 Measures Indicate That Pro-Pac Packaging (ASX:PPG) Is Using Debt Extensively
Dec 21Here's Why I Think Pro-Pac Packaging (ASX:PPG) Might Deserve Your Attention Today
Oct 26Pro-Pac Packaging (ASX:PPG) Seems To Use Debt Quite Sensibly
Mar 15Should Pro-Pac Packaging (ASX:PPG) Be Disappointed With Their 100% Profit?
Feb 14What You Need To Know About Pro-Pac Packaging Limited's (ASX:PPG) Investor Composition
Jan 18Pro-Pac Packaging Limited's (ASX:PPG) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 22Financial Position Analysis
Short Term Liabilities: PPG's short term assets (A$134.0M) exceed its short term liabilities (A$99.8M).
Long Term Liabilities: PPG's short term assets (A$134.0M) exceed its long term liabilities (A$27.4M).
Debt to Equity History and Analysis
Debt Level: PPG's net debt to equity ratio (11.3%) is considered satisfactory.
Reducing Debt: PPG's debt to equity ratio has reduced from 79.2% to 15.5% 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 PPG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PPG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.8% per year.