Prodways Group Balance Sheet Health
Financial Health criteria checks 5/6
Prodways Group has a total shareholder equity of €67.2M and total debt of €17.5M, which brings its debt-to-equity ratio to 26.1%. Its total assets and total liabilities are €119.1M and €51.9M respectively. Prodways Group's EBIT is €5.8M making its interest coverage ratio 20.7. It has cash and short-term investments of €14.1M.
Key information
26.1%
Debt to equity ratio
€17.52m
Debt
| Interest coverage ratio | 20.7x |
| Cash | €14.10m |
| Equity | €67.19m |
| Total liabilities | €51.93m |
| Total assets | €119.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PWGP's short term assets (€44.7M) exceed its short term liabilities (€31.9M).
Long Term Liabilities: PWGP's short term assets (€44.7M) exceed its long term liabilities (€20.0M).
Debt to Equity History and Analysis
Debt Level: PWGP's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: PWGP's debt to equity ratio has increased from 5.5% to 26.1% over the past 5 years.
Debt Coverage: PWGP's debt is well covered by operating cash flow (24.6%).
Interest Coverage: PWGP's interest payments on its debt are well covered by EBIT (20.7x coverage).