Proficient Auto Logistics, Inc.

NasdaqGS:PAL Stock Report

Market Cap: US$428.2m

Proficient Auto Logistics Balance Sheet Health

Financial Health criteria checks 5/6

Proficient Auto Logistics has a total shareholder equity of $389.2K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.4M and $4.0M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$458.23k
EquityUS$389.17k
Total liabilitiesUS$4.01m
Total assetsUS$4.40m

Recent financial health updates

No updates

Recent updates

Proficient Auto Logistics: Many Questions For This Automotive Logistics IPO

May 12

Financial Position Analysis

Short Term Liabilities: PAL's short term assets ($493.2K) do not cover its short term liabilities ($4.0M).

Long Term Liabilities: PAL has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: PAL is debt free.

Reducing Debt: PAL has not had any debt for past 5 years.

Debt Coverage: PAL has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PAL has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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