Prodware Balance Sheet Health
Financial Health criteria checks 3/6
Prodware has a total shareholder equity of €102.2M and total debt of €298.2M, which brings its debt-to-equity ratio to 291.8%. Its total assets and total liabilities are €592.2M and €490.1M respectively. Prodware's EBIT is €68.3M making its interest coverage ratio 3.4. It has cash and short-term investments of €83.7M.
Key information
291.8%
Debt to equity ratio
€298.16m
Debt
| Interest coverage ratio | 3.4x |
| Cash | €83.68m |
| Equity | €102.18m |
| Total liabilities | €490.07m |
| Total assets | €592.25m |
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 (€232.0M) exceed its short term liabilities (€200.0M).
Long Term Liabilities: ALPRO's short term assets (€232.0M) do not cover its long term liabilities (€290.1M).
Debt to Equity History and Analysis
Debt Level: ALPRO's net debt to equity ratio (209.9%) is considered high.
Reducing Debt: ALPRO's debt to equity ratio has increased from 80.8% to 291.8% 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 32.2% per year.