Pro-Pac Packaging Balance Sheet Health
Financial Health criteria checks 4/6
Pro-Pac Packaging has a total shareholder equity of A$81.1M and total debt of A$21.6M, which brings its debt-to-equity ratio to 26.6%. Its total assets and total liabilities are A$237.3M and A$156.2M respectively.
Key information
26.6%
Debt to equity ratio
AU$21.58m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$3.80m |
| Equity | AU$81.09m |
| Total liabilities | AU$156.24m |
| Total assets | AU$237.34m |
Recent financial health updates
Is Pro-Pac Packaging (ASX:PPG) A Risky Investment?
Jun 16
Pro-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 21Recent updates
Is Pro-Pac Packaging (ASX:PPG) A Risky Investment?
Jun 16Sentiment 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 26Financial Position Analysis
Short Term Liabilities: PPG's short term assets (A$127.0M) exceed its short term liabilities (A$114.0M).
Long Term Liabilities: PPG's short term assets (A$127.0M) exceed its long term liabilities (A$42.2M).
Debt to Equity History and Analysis
Debt Level: PPG's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: PPG's debt to equity ratio has reduced from 77.5% to 26.6% 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: PPG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PPG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.7% each year