Prodware Balance Sheet Health
Financial Health criteria checks 2/6
Prodware has a total shareholder equity of €76.9M and total debt of €272.0M, which brings its debt-to-equity ratio to 353.6%. Its total assets and total liabilities are €589.8M and €512.8M respectively. Prodware's EBIT is €48.2M making its interest coverage ratio 3. It has cash and short-term investments of €93.6M.
Key information
353.6%
Debt to equity ratio
€272.02m
Debt
| Interest coverage ratio | 3x |
| Cash | €93.59m |
| Equity | €76.94m |
| Total liabilities | €512.85m |
| Total assets | €589.79m |
Recent financial health updates
Does Prodware (EPA:ALPRO) Have A Healthy Balance Sheet?
Jun 09
Is Prodware (EPA:ALPRO) A Risky Investment?
Dec 06
Recent updates
Returns At Prodware (EPA:ALPRO) Appear To Be Weighed Down
Feb 24Here's What's Concerning About Prodware's (EPA:ALPRO) Returns On Capital
Aug 25What Does Prodware's (EPA:ALPRO) Share Price Indicate?
Jul 21What Does Prodware's (EPA:ALPRO) Share Price Indicate?
Oct 14Does Prodware (EPA:ALPRO) Have A Healthy Balance Sheet?
Jun 09Is Now An Opportune Moment To Examine Prodware (EPA:ALPRO)?
May 20Investors Could Be Concerned With Prodware's (EPA:ALPRO) Returns On Capital
Apr 29At €6.72, Is Prodware (EPA:ALPRO) Worth Looking At Closely?
Feb 16Our Take On The Returns On Capital At Prodware (EPA:ALPRO)
Jan 20How Much Did Prodware's(EPA:ALPRO) Shareholders Earn From Share Price Movements Over The Last Three Years?
Dec 24Is Prodware (EPA:ALPRO) A Risky Investment?
Dec 06Should You Investigate Prodware (EPA:ALPRO) At €5.32?
Nov 18Financial Position Analysis
Short Term Liabilities: ALPRO's short term assets (€243.4M) do not cover its short term liabilities (€265.3M).
Long Term Liabilities: ALPRO's short term assets (€243.4M) do not cover its long term liabilities (€247.6M).
Debt to Equity History and Analysis
Debt Level: ALPRO's net debt to equity ratio (231.9%) is considered high.
Reducing Debt: ALPRO's debt to equity ratio has increased from 79.7% to 353.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ALPRO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALPRO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.6% per year.