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
1,656.1%
Debt to equity ratio
US$419.00m
Debt
| Interest coverage ratio | n/a |
| Cash | US$61.40m |
| Equity | US$25.30m |
| Total liabilities | US$452.70m |
| Total assets | US$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.