Propel Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Propel Holdings has a total shareholder equity of $128.1M and total debt of $250.6M, which brings its debt-to-equity ratio to 195.6%. Its total assets and total liabilities are $433.7M and $305.6M respectively. Propel Holdings's EBIT is $89.3M making its interest coverage ratio 3. It has cash and short-term investments of $17.0M.
Key information
195.6%
Debt to equity ratio
US$250.61m
Debt
| Interest coverage ratio | 3x |
| Cash | US$17.00m |
| Equity | US$128.11m |
| Total liabilities | US$305.61m |
| Total assets | US$433.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRLP.F's short term assets ($379.4M) exceed its short term liabilities ($51.5M).
Long Term Liabilities: PRLP.F's short term assets ($379.4M) exceed its long term liabilities ($254.1M).
Debt to Equity History and Analysis
Debt Level: PRLP.F's net debt to equity ratio (182.4%) is considered high.
Reducing Debt: PRLP.F's debt to equity ratio has reduced from 817.1% to 195.6% over the past 5 years.
Debt Coverage: PRLP.F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRLP.F's interest payments on its debt are not well covered by EBIT (3x coverage).