Perenti Global Financial Health
How is Perenti Global's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PRN's short term assets (A$971.8M) exceed its short term liabilities (A$518.1M).
Long Term Liabilities: PRN's short term assets (A$971.8M) exceed its long term liabilities (A$948.8M).
Debt to Equity History and Analysis
Debt Level: PRN's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: PRN's debt to equity ratio has increased from 58.4% to 64% over the past 5 years.
Debt Coverage: PRN's debt is well covered by operating cash flow (40.4%).
Interest Coverage: PRN's interest payments on its debt are not well covered by EBIT (2.1x coverage).