ProAssurance Balance Sheet Health
Financial Health criteria checks 2/6
ProAssurance has a total shareholder equity of $1.1B and total debt of $427.1M, which brings its debt-to-equity ratio to 38.4%. Its total assets and total liabilities are $5.6B and $4.5B respectively. ProAssurance's EBIT is $32.7M making its interest coverage ratio 1.4. It has cash and short-term investments of $505.2M.
Key information
38.4%
Debt to equity ratio
US$427.13m
Debt
| Interest coverage ratio | 1.4x |
| Cash | US$505.18m |
| Equity | US$1.11b |
| Total liabilities | US$4.52b |
| Total assets | US$5.63b |
Recent financial health updates
No updates
Recent updates
ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of $0.05
Mar 12
ProAssurance declares $0.05 dividend
Sep 08ProAssurance Non-GAAP EPS of $1.19 beats by $1.10
Aug 08ProAssurance's (NYSE:PRA) Dividend Will Be US$0.05
Sep 19ProAssurance (NYSE:PRA) Is Due To Pay A Dividend Of US$0.05
Sep 05Need To Know: Analysts Are Much More Bullish On ProAssurance Corporation (NYSE:PRA) Revenues
Aug 08We Wouldn't Be Too Quick To Buy ProAssurance Corporation (NYSE:PRA) Before It Goes Ex-Dividend
Mar 20Should You Buy ProAssurance Corporation (NYSE:PRA) For Its Dividend?
Feb 24What Is The Ownership Structure Like For ProAssurance Corporation (NYSE:PRA)?
Jan 20
Don't Buy ProAssurance Corporation (NYSE:PRA) For Its Next Dividend Without Doing These Checks
Dec 16ProAssurance declares $0.05 dividend
Dec 02ProAssurance's(NYSE:PRA) Share Price Is Down 72% Over The Past Three Years.
Nov 27ProAssurance Corporation 2020 Q3 - Results - Earnings Call Presentation
Nov 09ProAssurance EPS misses by $0.06, misses on revenue
Nov 05Financial Position Analysis
Short Term Liabilities: PRA's short term assets ($1.2B) exceed its short term liabilities ($461.0M).
Long Term Liabilities: PRA's short term assets ($1.2B) do not cover its long term liabilities ($4.1B).
Debt to Equity History and Analysis
Debt Level: PRA has more cash than its total debt.
Reducing Debt: PRA's debt to equity ratio has increased from 18.9% to 38.4% over the past 5 years.
Debt Coverage: PRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRA's interest payments on its debt are not well covered by EBIT (1.4x coverage).