Propel Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Propel Holdings has a total shareholder equity of $128.1M and total debt of $250.6M, which brings its debt-to-equity ratio to 195.6%. Its total assets and total liabilities are $433.7M and $305.6M respectively. Propel Holdings's EBIT is $89.3M making its interest coverage ratio 3. It has cash and short-term investments of $17.0M.
Key information
195.6%
Debt to equity ratio
US$250.61m
Debt
| Interest coverage ratio | 3x |
| Cash | US$17.00m |
| Equity | US$128.11m |
| Total liabilities | US$305.61m |
| Total assets | US$433.72m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Propel Holdings Inc.'s (TSE:PRL) 26% Share Price Surge
Oct 30
Should You Be Adding Propel Holdings (TSE:PRL) To Your Watchlist Today?
Jul 30Investors Appear Satisfied With Propel Holdings Inc.'s (TSE:PRL) Prospects As Shares Rocket 40%
Apr 19We Ran A Stock Scan For Earnings Growth And Propel Holdings (TSE:PRL) Passed With Ease
Jan 16Here's Why Propel Holdings (TSE:PRL) Has Caught The Eye Of Investors
Oct 06Propel Holdings (TSE:PRL) Is Due To Pay A Dividend Of $0.10
Aug 15Here's Why We Think Propel Holdings (TSE:PRL) Might Deserve Your Attention Today
Jul 06Propel Holdings (TSE:PRL) Is Increasing Its Dividend To $0.10
May 14Propel Holdings (TSE:PRL) Has Announced A Dividend Of $0.095
Feb 13Financial Position Analysis
Short Term Liabilities: PRL's short term assets ($379.4M) exceed its short term liabilities ($51.5M).
Long Term Liabilities: PRL's short term assets ($379.4M) exceed its long term liabilities ($254.1M).
Debt to Equity History and Analysis
Debt Level: PRL's net debt to equity ratio (182.4%) is considered high.
Reducing Debt: PRL's debt to equity ratio has reduced from 817.1% to 195.6% over the past 5 years.
Debt Coverage: PRL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRL's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 21:41 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Propel Holdings Inc. is covered by 8 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew Lee | Canaccord Genuity |
| null null | Eight Capital |
| Adhir Kadve | Eight Capital |