PROVEN Group Balance Sheet Health
Financial Health criteria checks 1/6
PROVEN Group has a total shareholder equity of $175.0M and total debt of $319.1M, which brings its debt-to-equity ratio to 182.3%. Its total assets and total liabilities are $1.1B and $903.2M respectively. PROVEN Group's EBIT is $18.9M making its interest coverage ratio 0.8. It has cash and short-term investments of $135.1M.
Key information
182.3%
Debt to equity ratio
US$319.07m
Debt
Interest coverage ratio | 0.8x |
Cash | US$135.06m |
Equity | US$174.98m |
Total liabilities | US$903.17m |
Total assets | US$1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROVENJA's short term assets ($396.4M) exceed its short term liabilities ($88.5M).
Long Term Liabilities: PROVENJA's short term assets ($396.4M) do not cover its long term liabilities ($814.7M).
Debt to Equity History and Analysis
Debt Level: PROVENJA's net debt to equity ratio (105.2%) is considered high.
Reducing Debt: PROVENJA's debt to equity ratio has increased from 107.1% to 182.3% over the past 5 years.
Debt Coverage: PROVENJA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PROVENJA's interest payments on its debt are not well covered by EBIT (0.8x coverage).