Propel Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Propel Holdings has a total shareholder equity of $111.8M and total debt of $211.8M, which brings its debt-to-equity ratio to 189.4%. Its total assets and total liabilities are $360.0M and $248.2M respectively. Propel Holdings's EBIT is $71.7M making its interest coverage ratio 2.9. It has cash and short-term investments of $10.0M.
Key information
189.4%
Debt to equity ratio
US$211.80m
Debt
| Interest coverage ratio | 2.9x |
| Cash | US$9.98m |
| Equity | US$111.81m |
| Total liabilities | US$248.18m |
| Total assets | US$359.99m |
Recent financial health updates
No updates
Recent updates
Investors Appear Satisfied With Propel Holdings Inc.'s (TSE:PRL) Prospects As Shares Rocket 40%
Apr 19
We 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 13Propel Holdings Inc. Just Missed Earnings - But Analysts Have Updated Their Models
Mar 24Propel Holdings Inc.'s (TSE:PRL) Price In Tune With Earnings
Jan 28Financial Position Analysis
Short Term Liabilities: PRL's short term assets ($319.0M) exceed its short term liabilities ($33.0M).
Long Term Liabilities: PRL's short term assets ($319.0M) exceed its long term liabilities ($215.2M).
Debt to Equity History and Analysis
Debt Level: PRL's net debt to equity ratio (180.5%) is considered high.
Reducing Debt: PRL's debt to equity ratio has reduced from 849.1% to 189.4% 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 (2.9x coverage).