Prosafe Balance Sheet Health

Financial Health criteria checks 3/6

Prosafe has a total shareholder equity of $25.3M and total debt of $419.0M, which brings its debt-to-equity ratio to 1656.1%. Its total assets and total liabilities are $478.0M and $452.7M respectively.

Key information


Debt to equity ratio



Interest coverage ration/a
Total liabilitiesUS$452.70m
Total assetsUS$478.00m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PRSE.F's short term assets ($98.4M) exceed its short term liabilities ($36.6M).

Long Term Liabilities: PRSE.F's short term assets ($98.4M) do not cover its long term liabilities ($416.1M).

Debt to Equity History and Analysis

Debt Level: PRSE.F's net debt to equity ratio (1413.4%) is considered high.

Reducing Debt: PRSE.F's debt to equity ratio has increased from 326.2% to 1656.1% over the past 5 years.

Balance Sheet

Cash Runway Analysis

For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PRSE.F has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: PRSE.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 42.7% each year.

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