Proplastics Balance Sheet Health

Financial Health criteria checks 6/6

Proplastics has a total shareholder equity of $13.7M and total debt of $200.0K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $22.8M and $9.0M respectively. Proplastics's EBIT is $1.5M making its interest coverage ratio 14.3. It has cash and short-term investments of $629.3K.

Key information

1.5%

Debt to equity ratio

US$200.00k

Debt

Interest coverage ratio14.3x
CashUS$629.26k
EquityUS$13.74m
Total liabilitiesUS$9.04m
Total assetsUS$22.77m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PROL's short term assets ($8.5M) exceed its short term liabilities ($6.2M).

Long Term Liabilities: PROL's short term assets ($8.5M) exceed its long term liabilities ($2.8M).


Debt to Equity History and Analysis

Debt Level: PROL has more cash than its total debt.

Reducing Debt: PROL's debt to equity ratio has reduced from 7.3% to 1.5% over the past 5 years.

Debt Coverage: PROL's debt is well covered by operating cash flow (495.7%).

Interest Coverage: PROL's interest payments on its debt are well covered by EBIT (14.3x coverage).


Balance Sheet


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