Prodways Group Balance Sheet Health
Financial Health criteria checks 5/6
Prodways Group has a total shareholder equity of €52.5M and total debt of €19.2M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are €105.5M and €52.9M respectively. Prodways Group's EBIT is €1.0M making its interest coverage ratio 2.6. It has cash and short-term investments of €16.2M.
Key information
36.5%
Debt to equity ratio
€19.19m
Debt
| Interest coverage ratio | 2.6x |
| Cash | €16.22m |
| Equity | €52.53m |
| Total liabilities | €52.93m |
| Total assets | €105.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRWY.F's short term assets (€44.4M) exceed its short term liabilities (€31.2M).
Long Term Liabilities: PRWY.F's short term assets (€44.4M) exceed its long term liabilities (€21.7M).
Debt to Equity History and Analysis
Debt Level: PRWY.F's net debt to equity ratio (5.6%) is considered satisfactory.
Reducing Debt: PRWY.F's debt to equity ratio has increased from 8.3% to 36.5% 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 PRWY.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRWY.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.5% per year.