PROG Holdings Balance Sheet Health
Financial Health criteria checks 3/6
PROG Holdings has a total shareholder equity of $630.8M and total debt of $593.2M, which brings its debt-to-equity ratio to 94%. Its total assets and total liabilities are $1.4B and $815.5M respectively. PROG Holdings's EBIT is $382.2M making its interest coverage ratio 12.8. It has cash and short-term investments of $221.7M.
Key information
94.0%
Debt to equity ratio
US$593.24m
Debt
| Interest coverage ratio | 12.8x |
| Cash | US$221.73m |
| Equity | US$630.81m |
| Total liabilities | US$815.53m |
| Total assets | US$1.45b |
Recent financial health updates
No updates
Recent updates
Even With A 26% Surge, Cautious Investors Are Not Rewarding PROG Holdings, Inc.'s (NYSE:PRG) Performance Completely
Aug 10
PROG Holdings, Inc.'s (NYSE:PRG) Price Is Right But Growth Is Lacking
Apr 19PROG 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 08Financial Position Analysis
Short Term Liabilities: PRG's short term assets ($477.7M) exceed its short term liabilities ($95.1M).
Long Term Liabilities: PRG's short term assets ($477.7M) do not cover its long term liabilities ($720.4M).
Debt to Equity History and Analysis
Debt Level: PRG's net debt to equity ratio (58.9%) is considered high.
Reducing Debt: PRG's debt to equity ratio has increased from 18.4% to 94% over the past 5 years.
Debt Coverage: PRG's debt is well covered by operating cash flow (22.7%).
Interest Coverage: PRG's interest payments on its debt are well covered by EBIT (12.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
PROG Holdings, Inc. is covered by 22 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Matthew McCall | BB&T Capital Markets |
| Alexander Maroccia | Berenberg |
| Jason Haas | BofA Global Research |