P10 Balance Sheet Health
Financial Health criteria checks 2/6
P10 has a total shareholder equity of $425.2M and total debt of $289.8M, which brings its debt-to-equity ratio to 68.2%. Its total assets and total liabilities are $834.1M and $408.9M respectively. P10's EBIT is $23.0M making its interest coverage ratio 1.1. It has cash and short-term investments of $40.1M.
Key information
68.2%
Debt to equity ratio
US$289.84m
Debt
| Interest coverage ratio | 1.1x |
| Cash | US$40.07m |
| Equity | US$425.16m |
| Total liabilities | US$408.91m |
| Total assets | US$834.07m |
Recent financial health updates
No updates
Recent updates
Alluvial Capital - P10, Inc.: Not On My 'Best Risk-Adjusted Ideas' List
Apr 26P10, Inc. (NYSE:PX) Not Lagging Industry On Growth Or Pricing
Apr 17
P10: I Expect Shares To Double Over The Next 3 Years
Jan 07P10 May Benefit From Easing Rates And Wider Distribution
Nov 16P10 (NYSE:PX) Will Pay A Dividend Of $0.0325
Nov 13P10 (NYSE:PX) Is Due To Pay A Dividend Of $0.0325
Aug 29P10 Hits Fundraising Target 6 Months Early, Showing Strong Demand (Rating Upgrade)
Aug 21P10 (NYSE:PX) Has Announced A Dividend Of $0.0325
Aug 14P10 (NYSE:PX) Will Pay A Larger Dividend Than Last Year At $0.0325
May 19P10 announces $20M increase to stock buyback program
Dec 27P10 Grows Revenue But Valuation Drops May Weigh On Stock
Nov 04Market Participants Recognise P10, Inc.'s (NYSE:PX) Earnings
Nov 04P10: Stable Profits In A Choppy Market
Oct 19P10 goes ex-dividend tomorrow
Aug 25P10 Non-GAAP EPS of $0.19 beats by $0.01, revenue of $46.7M beats by $2.95M
Aug 11Alluvial Capital - P10 Inc.: Supremely Stable And Predictable Cash Flows
Apr 30P10: Remains My Largest Holding, Undervalued And Growing Like Crazy
Feb 04Financial Position Analysis
Short Term Liabilities: PX's short term assets ($131.1M) exceed its short term liabilities ($82.5M).
Long Term Liabilities: PX's short term assets ($131.1M) do not cover its long term liabilities ($326.4M).
Debt to Equity History and Analysis
Debt Level: PX's net debt to equity ratio (58.7%) is considered high.
Reducing Debt: PX's debt to equity ratio has reduced from 622.4% to 68.2% over the past 5 years.
Debt Coverage: PX's debt is not well covered by operating cash flow (16.5%).
Interest Coverage: PX's interest payments on its debt are not well covered by EBIT (1.1x coverage).