Prosafe Balance Sheet Health
Financial Health criteria checks 3/6
Prosafe has a total shareholder equity of $4.0M and total debt of $417.4M, which brings its debt-to-equity ratio to 10435%. Its total assets and total liabilities are $465.4M and $461.4M respectively.
Key information
10,435.0%
Debt to equity ratio
US$417.40m
Debt
| Interest coverage ratio | n/a |
| Cash | US$63.50m |
| Equity | US$4.00m |
| Total liabilities | US$461.40m |
| Total assets | US$465.40m |
Recent financial health updates
Recent updates
Not Many Are Piling Into Prosafe SE (OB:PRS) Stock Yet As It Plummets 39%
Nov 15
The Market Doesn't Like What It Sees From Prosafe SE's (OB:PRS) Revenues Yet As Shares Tumble 27%
Sep 27It's Down 26% But Prosafe SE (OB:PRS) Could Be Riskier Than It Looks
May 01Investors Give Prosafe SE (OB:PRS) Shares A 31% Hiding
Feb 07Some Prosafe SE (OB:PRS) Analysts Just Made A Major Cut To Next Year's Estimates
Feb 06Prosafe SE (OB:PRS) Just Reported And Analysts Have Been Cutting Their Estimates
Feb 04Even With A 25% Surge, Cautious Investors Are Not Rewarding Prosafe SE's (OB:PRS) Performance Completely
Dec 23Prosafe SE's (OB:PRS) 29% Dip In Price Shows Sentiment Is Matching Revenues
Oct 27The Consensus EPS Estimates For Prosafe SE (OB:PRS) Just Fell A Lot
Aug 19Some Prosafe SE (OB:PRS) Analysts Just Made A Major Cut To Next Year's Estimates
Apr 27We Like These Underlying Return On Capital Trends At Prosafe (OB:PRS)
Apr 04Prosafe's (OB:PRS) Robust Earnings Are Not All Good News For Shareholders
Feb 20Financial Position Analysis
Short Term Liabilities: PRS's short term assets ($95.1M) exceed its short term liabilities ($46.6M).
Long Term Liabilities: PRS's short term assets ($95.1M) do not cover its long term liabilities ($414.8M).
Debt to Equity History and Analysis
Debt Level: PRS's net debt to equity ratio (8847.5%) is considered high.
Reducing Debt: PRS's debt to equity ratio has increased from 10066.9% to 10435% 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 PRS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 34.8% per year.