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
Financial Position Analysis
Short Term Liabilities: 8KO's short term assets ($319.0M) exceed its short term liabilities ($33.0M).
Long Term Liabilities: 8KO's short term assets ($319.0M) exceed its long term liabilities ($215.2M).
Debt to Equity History and Analysis
Debt Level: 8KO's net debt to equity ratio (180.5%) is considered high.
Reducing Debt: 8KO's debt to equity ratio has reduced from 849.1% to 189.4% over the past 5 years.
Debt Coverage: 8KO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8KO's interest payments on its debt are not well covered by EBIT (2.9x coverage).