Propel Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Propel Holdings has a total shareholder equity of $120.4M and total debt of $238.4M, which brings its debt-to-equity ratio to 198%. Its total assets and total liabilities are $403.9M and $283.5M respectively. Propel Holdings's EBIT is $81.6M making its interest coverage ratio 3. It has cash and short-term investments of $10.8M.
Key information
198.0%
Debt to equity ratio
US$238.37m
Debt
| Interest coverage ratio | 3x |
| Cash | US$10.80m |
| Equity | US$120.39m |
| Total liabilities | US$283.53m |
| Total assets | US$403.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8KO's short term assets ($356.0M) exceed its short term liabilities ($41.7M).
Long Term Liabilities: 8KO's short term assets ($356.0M) exceed its long term liabilities ($241.8M).
Debt to Equity History and Analysis
Debt Level: 8KO's net debt to equity ratio (189%) is considered high.
Reducing Debt: 8KO's debt to equity ratio has reduced from 831% to 198% 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 (3x coverage).