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 ration/a
Cashдин4.49m
Equityдин1.99b
Total liabilitiesдин763.08m
Total assetsдин2.76b

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


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