Progressive Care, Inc.

As of June 30, 2024, Progressive Care, Inc. has 6.24M shares outstanding.

These figures are as of June 30, 2024. The price-to-sales ratio is 0.18, and the price-to-book ratio stands at -0.23.

As of June 30, 2024, Progressive Care, Inc. trades at an EV/EBITDA multiple of 1.11 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.05 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Progressive Care, Inc. trades at an EV/FCF ratio of 1.32, comparing the total takeover cost of the business to the cash it actually generates for all capital providers.

As of June 30, 2024, Progressive Care, Inc. maintains a current ratio of 2.01, meaning it holds 2.0x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 8.93, indicating elevated leverage, while an interest coverage ratio of 30.30 demonstrates strong ability to service its debt obligations.

These figures cover the twelve months ended June 30, 2024. Return on assets (ROA) is negative at -98.84, reflecting losses generated across the asset base. Inventory turnover of 18.99 indicates how many times Progressive Care, Inc. sells and replaces its inventory over a year, a key working capital efficiency ratio.

Over the twelve months ended June 30, 2024, Progressive Care, Inc. posted a gross margin of 31.26, reflecting its pricing power and cost economics. The operating margin of -0.97 and net profit margin of -44.27 provide insight into operational efficiency.

These figures cover the twelve months ended June 30, 2024. Free cash flow yield stands at 21.44, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield is negative at -2.54, meaning Progressive Care, Inc. raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Progressive Care, Inc.'s most recent stock split took place on December 30, 2022 with a 200:1 split ratio.

As of June 30, 2024, Progressive Care, Inc. has an Altman Z-Score of 0.68, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.