Progres a.d Balance Sheet Health
Financial Health criteria checks 1/6
Progres a.d has a total shareholder equity of RSD2.0B and total debt of RSD8.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are RSD2.8B and RSD763.1M respectively.
Key information
0.4%
Debt to equity ratio
дин8.45m
Debt
| Interest coverage ratio | n/a |
| Cash | дин4.49m |
| Equity | дин1.99b |
| Total liabilities | дин763.08m |
| Total assets | дин2.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRGS's short term assets (RSD66.8M) do not cover its short term liabilities (RSD566.3M).
Long Term Liabilities: PRGS's short term assets (RSD66.8M) do not cover its long term liabilities (RSD196.8M).
Debt to Equity History and Analysis
Debt Level: PRGS's net debt to equity ratio (0.2%) is considered satisfactory.
Reducing Debt: PRGS's debt to equity ratio has increased from 0% to 0.4% 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: PRGS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PRGS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.7% each year