P3 Health Partners Balance Sheet Health
Financial Health criteria checks 4/6
P3 Health Partners has a total shareholder equity of $263.9M and total debt of $133.4M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are $833.3M and $569.4M respectively.
Key information
50.6%
Debt to equity ratio
US$133.44m
Debt
| Interest coverage ratio | n/a |
| Cash | US$62.96m |
| Equity | US$263.91m |
| Total liabilities | US$569.42m |
| Total assets | US$833.33m |
Recent financial health updates
Recent updates
Some P3 Health Partners Inc. (NASDAQ:PIII) Analysts Just Made A Major Cut To Next Year's Estimates
Nov 20
Health Check: How Prudently Does P3 Health Partners (NASDAQ:PIII) Use Debt?
Aug 26P3 Health Partners: Moving In The Right Direction In 2024
Jun 07P3 Health Partners GAAP EPS of -$3.73, revenue of $269.45M
Oct 20P3 Health gets Nasdaq notice for delisting, plans appeal
Oct 05P3 Health expands Nevada footprint with acquisition of Pahrump cardiology practice
Aug 29P3 Health Partners receives Nasdaq notice for non-compliance
Aug 19Financial Position Analysis
Short Term Liabilities: PIII's short term assets ($215.1M) do not cover its short term liabilities ($405.3M).
Long Term Liabilities: PIII's short term assets ($215.1M) exceed its long term liabilities ($164.1M).
Debt to Equity History and Analysis
Debt Level: PIII's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PIII's debt to equity ratio has reduced 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: PIII has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PIII has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 14% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 00:00 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
P3 Health Partners Inc. is covered by 5 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Larsen | BTIG |
| Brooks O'Neil | Lake Street Capital Markets, LLC |
| Gary Taylor | TD Cowen |