Pro-Dex Balance Sheet Health
Financial Health criteria checks 5/6
Pro-Dex has a total shareholder equity of $31.8M and total debt of $12.1M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are $51.4M and $19.6M respectively. Pro-Dex's EBIT is $6.3M making its interest coverage ratio 14.6. It has cash and short-term investments of $7.1M.
Key information
38.0%
Debt to equity ratio
US$12.07m
Debt
| Interest coverage ratio | 14.6x |
| Cash | US$7.09m |
| Equity | US$31.79m |
| Total liabilities | US$19.64m |
| Total assets | US$51.43m |
Recent financial health updates
Here's Why Pro-Dex (NASDAQ:PDEX) Can Manage Its Debt Responsibly
Feb 14
Pro-Dex (NASDAQ:PDEX) Has A Pretty Healthy Balance Sheet
May 20Is Pro-Dex (NASDAQ:PDEX) Using Too Much Debt?
Apr 21We Think Pro-Dex (NASDAQ:PDEX) Is Taking Some Risk With Its Debt
Nov 17Is Pro-Dex (NASDAQ:PDEX) A Risky Investment?
Jan 25Recent updates
Investors Can Find Comfort In Pro-Dex's (NASDAQ:PDEX) Earnings Quality
Feb 16Here's Why Pro-Dex (NASDAQ:PDEX) Can Manage Its Debt Responsibly
Feb 14Pro-Dex, Inc.'s (NASDAQ:PDEX) Price Is Right But Growth Is Lacking After Shares Rocket 26%
Jan 24Pro-Dex (NASDAQ:PDEX) Has A Pretty Healthy Balance Sheet
May 20Pro-Dex (NASDAQ:PDEX) Could Be Struggling To Allocate Capital
Oct 05Pro-Dex: Growth Trends In Earnings, Return On Investment Contracting
Sep 26When Should You Buy Pro-Dex, Inc. (NASDAQ:PDEX)?
Sep 20Pro-Dex GAAP EPS of $0.38, revenue of $12.61M
Aug 25Is Now The Time To Look At Buying Pro-Dex, Inc. (NASDAQ:PDEX)?
May 10Is Pro-Dex (NASDAQ:PDEX) Using Too Much Debt?
Apr 21Pro-Dex (NASDAQ:PDEX) Is Doing The Right Things To Multiply Its Share Price
Mar 14Is Pro-Dex, Inc. (NASDAQ:PDEX) Potentially Undervalued?
Feb 09We Think Pro-Dex (NASDAQ:PDEX) Is Taking Some Risk With Its Debt
Nov 17Is It Too Late To Consider Buying Pro-Dex, Inc. (NASDAQ:PDEX)?
Aug 29A History Of Strong Growth Rates: Pro-Dex On Sale
Aug 25The Return Trends At Pro-Dex (NASDAQ:PDEX) Look Promising
May 18What Is Pro-Dex, Inc.'s (NASDAQ:PDEX) Share Price Doing?
Mar 29Is Weakness In Pro-Dex, Inc. (NASDAQ:PDEX) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Mar 15The Pro-Dex (NASDAQ:PDEX) Share Price Is Up 732% And Shareholders Are Delighted
Feb 26Independent Director William Farrell Just Sold A Bunch Of Shares In Pro-Dex, Inc. (NASDAQ:PDEX)
Feb 13
We Like These Underlying Trends At Pro-Dex (NASDAQ:PDEX)
Feb 08Pro-Dex EPS misses by $0.27, misses on revenue
Feb 04Is Pro-Dex (NASDAQ:PDEX) A Risky Investment?
Jan 25What Is The Ownership Structure Like For Pro-Dex, Inc. (NASDAQ:PDEX)?
Jan 11How Much Are Pro-Dex, Inc. (NASDAQ:PDEX) Insiders Taking Off The Table?
Dec 28With EPS Growth And More, Pro-Dex (NASDAQ:PDEX) Is Interesting
Dec 14What Is Pro-Dex, Inc.'s (NASDAQ:PDEX) Share Price Doing?
Nov 30Financial Position Analysis
Short Term Liabilities: PDEX's short term assets ($36.6M) exceed its short term liabilities ($10.0M).
Long Term Liabilities: PDEX's short term assets ($36.6M) exceed its long term liabilities ($9.7M).
Debt to Equity History and Analysis
Debt Level: PDEX's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: PDEX's debt to equity ratio has increased from 28.7% to 38% over the past 5 years.
Debt Coverage: PDEX's debt is well covered by operating cash flow (33.7%).
Interest Coverage: PDEX's interest payments on its debt are well covered by EBIT (14.6x coverage).