Propel Funeral Partners Balance Sheet Health
Financial Health criteria checks 4/6
Propel Funeral Partners has a total shareholder equity of A$253.3M and total debt of A$139.5M, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are A$539.9M and A$286.5M respectively. Propel Funeral Partners's EBIT is A$33.9M making its interest coverage ratio 5.9. It has cash and short-term investments of A$46.9M.
Key information
55.1%
Debt to equity ratio
AU$139.50m
Debt
Interest coverage ratio | 5.9x |
Cash | AU$46.88m |
Equity | AU$253.33m |
Total liabilities | AU$286.53m |
Total assets | AU$539.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFPL.F's short term assets (A$129.3M) exceed its short term liabilities (A$117.1M).
Long Term Liabilities: PFPL.F's short term assets (A$129.3M) do not cover its long term liabilities (A$169.4M).
Debt to Equity History and Analysis
Debt Level: PFPL.F's net debt to equity ratio (36.6%) is considered satisfactory.
Reducing Debt: PFPL.F's debt to equity ratio has increased from 0% to 55.1% over the past 5 years.
Debt Coverage: PFPL.F's debt is well covered by operating cash flow (23.1%).
Interest Coverage: PFPL.F's interest payments on its debt are well covered by EBIT (5.9x coverage).