PROG Holdings Balance Sheet Health
Financial Health criteria checks 3/6
PROG Holdings has a total shareholder equity of $585.1M and total debt of $592.6M, which brings its debt-to-equity ratio to 101.3%. Its total assets and total liabilities are $1.5B and $876.6M respectively. PROG Holdings's EBIT is $379.2M making its interest coverage ratio 13. It has cash and short-term investments of $252.8M.
Key information
101.3%
Debt to equity ratio
US$592.59m
Debt
| Interest coverage ratio | 13x |
| Cash | US$252.83m |
| Equity | US$585.09m |
| Total liabilities | US$876.58m |
| Total assets | US$1.46b |
Recent financial health updates
No updates
Recent updates
PROG Holdings, Inc.'s (NYSE:PRG) Price Is Right But Growth Is Lacking
Apr 19
PROG Holdings: Don't Buy Just Yet
Feb 26Investors Aren't Buying PROG Holdings, Inc.'s (NYSE:PRG) Earnings
Jan 02PROG: EPS Expectations Increases, Reorganization Initiatives, And Cheap
Dec 22PROG Holdings: Strong Growth Is Shown And A Buy Visible
Sep 11PROG Holdings: I Wouldn't Be Surprised To See Profit Taking
Jun 14PROG Holdings Non-GAAP EPS of $0.84 beats by $0.25, revenue of $612.1M beats by $11.63M
Feb 22PROG Holdings: Huge Potential But Substantial Risk
Nov 13PROG Holdings Non-GAAP EPS of $0.68 beats by $0.04, revenue of $625.82M beats by $4.28M
Oct 26PROG Holdings Non-GAAP EPS of $0.52 beats by $0.10, revenue of $649.4M misses by $0.71M
Jul 27Lacklustre Performance Is Driving PROG Holdings, Inc.'s (NYSE:PRG) 33% Price Drop
Mar 08PROG Holdings: Keeps Ringing The Register
Jul 30PROG Holdings Is Ready To Dominate A $30-$40 Billion Market
Jul 21Did You Participate In Any Of PROG Holdings' (NYSE:PRG) Fantastic 137% Return ?
Mar 02If You Had Bought Aaron's Holdings Company (NYSE:AAN) Shares Five Years Ago You'd Have Earned 145% Returns
Nov 18
Aaron's raises dividend by 12.5%
Nov 06Financial Position Analysis
Short Term Liabilities: PRG's short term assets ($480.5M) exceed its short term liabilities ($139.8M).
Long Term Liabilities: PRG's short term assets ($480.5M) do not cover its long term liabilities ($736.7M).
Debt to Equity History and Analysis
Debt Level: PRG's net debt to equity ratio (58.1%) is considered high.
Reducing Debt: PRG's debt to equity ratio has increased from 22.3% to 101.3% over the past 5 years.
Debt Coverage: PRG's debt is well covered by operating cash flow (30.8%).
Interest Coverage: PRG's interest payments on its debt are well covered by EBIT (13x coverage).