Propel Holdings Inc Total Assets
Propel Holdings Inc total assets. Based on the latest financial reports, Propel Holdings Inc (PRL) holds total assets worth CA$639.53 Million CAD (≈ $462.63 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see Propel Holdings Inc stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Propel Holdings Inc (2018–2024)
Total assets of Propel Holdings Inc from 2018 to 2024. This chart illustrates how Propel Holdings Inc's total assets have evolved over time, based on quarterly financial data. See Propel Holdings Inc (PRL) share price today for real-time trading data and today's change.
Propel Holdings Inc - Asset Composition Analysis
Propel Holdings Inc Total Assets Breakdown (December 2024)
Propel Holdings Inc total assets breakdown as of December 2024. Propel Holdings Inc's total assets of CA$639.53 Million consist of 16.1% current assets and 84.0% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 3.7% |
| Accounts Receivable | CA$64.68 Million | 11.7% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$2.45 Million | 0.4% |
| Intangible Assets | CA$26.94 Million | 4.9% |
| Goodwill | CA$42.98 Million | 7.8% |
Asset Composition Trend (2018–2024)
This chart illustrates how Propel Holdings Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore Propel Holdings Inc short-term liquidity ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Propel Holdings Inc's current assets represent 16.1% of total assets in 2024, a decrease from 33.0% in 2018.
- Cash Position: Cash and equivalents constituted 3.7% of total assets in 2024, down from 20.6% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 11.0% of total assets, an increase from 9.0% in 2018.
- Asset Diversification: The largest asset category is accounts receivable at 11.7% of total assets.
Propel Holdings Inc Competitors by Total Assets
Key competitors of Propel Holdings Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Muthoot Finance Limited
NSE:MUTHOOTFIN
|
India | Rs2.09 Trillion |
|
Indian Railway Finance Corporation Limited
NSE:IRFC
|
India | Rs4.98 Trillion |
|
Hoist Finance AB
ST:HOFI
|
Sweden | Skr59.43 Billion |
|
Beijing Cuiwei Tower Co Ltd
SHG:603123
|
China | CN¥6.14 Billion |
|
FinVolution Group
F:PP3
|
Germany | €25.41 Billion |
|
Solvar Ltd
AU:SVR
|
Australia | AU$965.83 Million |
|
Michlol Finance Ltd
TA:MCLL
|
Israel | ILA2.13 Billion |
|
Axactor SE
OL:ACR
|
Norway | Nkr1.28 Billion |
Propel Holdings Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 423.89 | 0.26 | 0.26 |
| Quick Ratio | 423.89 | 0.26 | 1.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$498.41 Million | CA$-210.97 Million | CA$-36.84 Million |
Propel Holdings Inc - Advanced Valuation Insights
This section examines the relationship between Propel Holdings Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.79 |
| Latest Market Cap to Assets Ratio | 1.37 |
| Asset Growth Rate (YoY) | 60.1% |
| Total Assets | CA$551.01 Million |
| Market Capitalization | $754.69 Million USD |
Valuation Analysis
Above Book Valuation: The market values Propel Holdings Inc's assets above their book value (1.37x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Propel Holdings Inc's assets grew by 60.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Propel Holdings Inc (2018–2024)
The table below shows the annual total assets of Propel Holdings Inc from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$551.01 Million ≈ $398.59 Million |
+60.05% |
| 2023-12-31 | CA$344.26 Million ≈ $249.03 Million |
+34.12% |
| 2022-12-31 | CA$256.68 Million ≈ $185.68 Million |
+71.69% |
| 2021-12-31 | CA$149.50 Million ≈ $108.15 Million |
+89.11% |
| 2020-12-31 | CA$79.05 Million ≈ $57.19 Million |
+54.52% |
| 2019-12-31 | CA$51.16 Million ≈ $37.01 Million |
+54.26% |
| 2018-12-31 | CA$33.17 Million ≈ $23.99 Million |
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About Propel Holdings Inc
Propel Holdings Inc., together with its subsidiaries, operates as a financial technology company. The company's lending platform facilitates to credit products, such as installment loans and lines of credit under the MoneyKey, CreditFresh, and Fora Credit brands to American consumers. It also offers marketing, analytics, and loan servicing services. Propel Holdings Inc. was formerly known as 2288… Read more