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Propel Holdings (Propel Holdings) Debt-to-Revenue : 0.60 (As of Mar. 2024)


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What is Propel Holdings Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Propel Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $211.8 Mil. Propel Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2.1 Mil. Propel Holdings's annualized Revenue for the quarter that ended in Mar. 2024 was $354.9 Mil. Propel Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.60.


Propel Holdings Debt-to-Revenue Historical Data

The historical data trend for Propel Holdings's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Propel Holdings Debt-to-Revenue Chart

Propel Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial 0.51 0.77 0.41 0.70 0.69

Propel Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.60 0.57 0.56 0.60

Competitive Comparison of Propel Holdings's Debt-to-Revenue

For the Credit Services subindustry, Propel Holdings's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Propel Holdings's Debt-to-Revenue Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Propel Holdings's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Propel Holdings's Debt-to-Revenue falls into.



Propel Holdings Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Propel Holdings's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(199.167 + 2.35) / 293.894
=0.69

Propel Holdings's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(211.798 + 2.08) / 354.864
=0.60

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Propel Holdings Debt-to-Revenue Related Terms

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Propel Holdings (Propel Holdings) Business Description

Traded in Other Exchanges
Address
69 Yonge Street, Suite 1500, Toronto, ON, CAN, M5E 1K3
Propel Holdings Inc is an innovative financial technology (fintech) company, committed to credit inclusion by facilitating fair, fast, and transparent access to credit through its proprietary, industry-leading online lending platform. Propel, through its operating brands, is dedicated to bringing appropriate credit solutions to consumers in Canada and the United States. All the firm's operations are conducted through its consumer-facing brands: MoneyKey, CreditFresh, and Fora.