PRL Global Balance Sheet Health
Financial Health criteria checks 5/6
PRL Global has a total shareholder equity of A$238.5M and total debt of A$88.3M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are A$492.6M and A$254.1M respectively. PRL Global's EBIT is A$33.3M making its interest coverage ratio 6.6. It has cash and short-term investments of A$80.7M.
Key information
37.0%
Debt to equity ratio
AU$88.26m
Debt
| Interest coverage ratio | 6.6x |
| Cash | AU$80.67m |
| Equity | AU$238.52m |
| Total liabilities | AU$254.06m |
| Total assets | AU$492.58m |
Recent financial health updates
These 4 Measures Indicate That CI Resources (ASX:CII) Is Using Debt Reasonably Well
May 06
CI Resources (ASX:CII) Has A Pretty Healthy Balance Sheet
Jun 28Is CI Resources (ASX:CII) A Risky Investment?
Apr 29Recent updates
Investors Aren't Entirely Convinced By PRL Global Ltd.'s (ASX:PRG) Earnings
Mar 15Returns At CI Resources (ASX:CII) Are On The Way Up
Dec 01Should You Be Adding CI Resources (ASX:CII) To Your Watchlist Today?
Aug 29CI Resources (ASX:CII) Has Some Way To Go To Become A Multi-Bagger
Jun 05These 4 Measures Indicate That CI Resources (ASX:CII) Is Using Debt Reasonably Well
May 06Here's Why We Think CI Resources (ASX:CII) Might Deserve Your Attention Today
Apr 05CI Resources (ASX:CII) Might Be Having Difficulty Using Its Capital Effectively
Aug 27CI Resources (ASX:CII) Has A Pretty Healthy Balance Sheet
Jun 28CI Resources (ASX:CII) Has Re-Affirmed Its Dividend Of AU$0.02
Feb 28CI Resources (ASX:CII) Has Some Difficulty Using Its Capital Effectively
Feb 23Some Investors May Be Worried About CI Resources' (ASX:CII) Returns On Capital
Oct 30CI Resources (ASX:CII) Could Be Struggling To Allocate Capital
Jun 11Is CI Resources (ASX:CII) A Risky Investment?
Apr 29CI Resources' (ASX:CII) Performance Is Even Better Than Its Earnings Suggest
Mar 05Our Take On The Returns On Capital At CI Resources (ASX:CII)
Feb 06Does CI Resources' (ASX:CII) CEO Salary Compare Well With Industry Peers?
Jan 07Would Shareholders Who Purchased CI Resources' (ASX:CII) Stock Three Years Be Happy With The Share price Today?
Nov 29Financial Position Analysis
Short Term Liabilities: PRG's short term assets (A$369.1M) exceed its short term liabilities (A$204.8M).
Long Term Liabilities: PRG's short term assets (A$369.1M) exceed its long term liabilities (A$49.2M).
Debt to Equity History and Analysis
Debt Level: PRG's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: PRG's debt to equity ratio has increased from 0% to 37% over the past 5 years.
Debt Coverage: PRG's debt is well covered by operating cash flow (41.8%).
Interest Coverage: PRG's interest payments on its debt are well covered by EBIT (6.6x coverage).