PROG Holdings Balance Sheet Health
Financial Health criteria checks 3/6
PROG Holdings has a total shareholder equity of $654.4M and total debt of $593.9M, which brings its debt-to-equity ratio to 90.7%. Its total assets and total liabilities are $1.5B and $815.5M respectively. PROG Holdings's EBIT is $399.6M making its interest coverage ratio 12.4. It has cash and short-term investments of $213.3M.
Key information
90.75%
Debt to equity ratio
US$593.89m
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$213.30m |
| Equity | US$654.45m |
| Total liabilities | US$815.47m |
| Total assets | US$1.47b |
Recent financial health updates
No updates
Recent updates
PROG Holdings, Inc.'s (NYSE:PRG) CEO Compensation Is Looking A Bit Stretched At The Moment
May 01
PROG Holdings' (NYSE:PRG) Upcoming Dividend Will Be Larger Than Last Year's
Mar 02Earnings Working Against PROG Holdings, Inc.'s (NYSE:PRG) Share Price Following 34% Dive
Feb 28
Innovative E-Commerce Integrations And AI Propel Revenue And Net Margin Growth
Enhanced credit quality applicants and strategic investments in technology are poised to significantly impact future revenue growth and net margins.Even With A 26% Surge, Cautious Investors Are Not Rewarding PROG Holdings, Inc.'s (NYSE:PRG) Performance Completely
Aug 10PROG 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 26Financial Position Analysis
Short Term Liabilities: PRG's short term assets ($481.1M) exceed its short term liabilities ($110.8M).
Long Term Liabilities: PRG's short term assets ($481.1M) do not cover its long term liabilities ($704.7M).
Debt to Equity History and Analysis
Debt Level: PRG's net debt to equity ratio (58.2%) is considered high.
Reducing Debt: PRG's debt to equity ratio has increased from 44.7% to 90.7% over the past 5 years.
Debt Coverage: PRG's debt is well covered by operating cash flow (35.8%).
Interest Coverage: PRG's interest payments on its debt are well covered by EBIT (12.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/20 22:29 |
| End of Day Share Price | 2025/06/20 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
PROG Holdings, Inc. is covered by 21 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 |