Perenti Balance Sheet Health
Financial Health criteria checks 5/6
Perenti has a total shareholder equity of A$1.8B and total debt of A$898.8M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are A$3.3B and A$1.5B respectively. Perenti's EBIT is A$211.7M making its interest coverage ratio 3.3. It has cash and short-term investments of A$356.7M.
Key information
50.6%
Debt to equity ratio
AU$898.75m
Debt
| Interest coverage ratio | 3.3x |
| Cash | AU$356.74m |
| Equity | AU$1.77b |
| Total liabilities | AU$1.53b |
| Total assets | AU$3.31b |
Recent financial health updates
Perenti (ASX:PRN) Takes On Some Risk With Its Use Of Debt
Nov 17
Is Perenti (ASX:PRN) A Risky Investment?
Dec 21We Think Perenti Global (ASX:PRN) Is Taking Some Risk With Its Debt
Sep 09These 4 Measures Indicate That Perenti Global (ASX:PRN) Is Using Debt Extensively
May 07Recent updates
It's A Story Of Risk Vs Reward With Perenti Limited (ASX:PRN)
Jan 23Perenti (ASX:PRN) Takes On Some Risk With Its Use Of Debt
Nov 17Increases to CEO Compensation Might Be Put On Hold For Now at Perenti Limited (ASX:PRN)
Oct 07Do Perenti's (ASX:PRN) Earnings Warrant Your Attention?
Oct 02Is Now The Time To Put Perenti (ASX:PRN) On Your Watchlist?
Mar 30Perenti's (ASX:PRN) Solid Profits Have Weak Fundamentals
Feb 27Is Perenti (ASX:PRN) A Risky Investment?
Dec 21We Think Perenti Global (ASX:PRN) Is Taking Some Risk With Its Debt
Sep 09New Forecasts: Here's What Analysts Think The Future Holds For Perenti Global Limited (ASX:PRN)
Feb 26Are Perenti Global Limited (ASX:PRN) Investors Paying Above The Intrinsic Value?
Jan 26It Looks Like Perenti Global Limited's (ASX:PRN) CEO May Expect Their Salary To Be Put Under The Microscope
Oct 01Perenti Global's (ASX:PRN) Shareholders Will Receive A Smaller Dividend Than Last Year
Sep 28Perenti Global (ASX:PRN) Has Announced That Its Dividend Will Be Reduced To AU$0.02
Sep 09Perenti Global (ASX:PRN) Will Pay A Smaller Dividend Than Last Year
Aug 26Is Perenti Global Limited (ASX:PRN) Trading At A 34% Discount?
Aug 16These 4 Measures Indicate That Perenti Global (ASX:PRN) Is Using Debt Extensively
May 07Are Investors Undervaluing Perenti Global Limited (ASX:PRN) By 44%?
Apr 01Don't Race Out To Buy Perenti Global Limited (ASX:PRN) Just Because It's Going Ex-Dividend
Mar 11What Can We Make Of Perenti Global's (ASX:PRN) CEO Compensation?
Mar 01Shareholders of Perenti Global (ASX:PRN) Must Be Delighted With Their 831% Total Return
Feb 08Do Insiders Own Lots Of Shares In Perenti Global Limited (ASX:PRN)?
Jan 18Perenti Global Limited (ASX:PRN) Shares Could Be 30% Below Their Intrinsic Value Estimate
Dec 28Does Perenti Global Limited (ASX:PRN) Have A Place In Your Dividend Portfolio?
Dec 07
Financial Position Analysis
Short Term Liabilities: PRN's short term assets (A$1.2B) exceed its short term liabilities (A$538.2M).
Long Term Liabilities: PRN's short term assets (A$1.2B) exceed its long term liabilities (A$992.4M).
Debt to Equity History and Analysis
Debt Level: PRN's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: PRN's debt to equity ratio has increased from 47.2% to 50.6% over the past 5 years.
Debt Coverage: PRN's debt is well covered by operating cash flow (45.8%).
Interest Coverage: PRN's interest payments on its debt are well covered by EBIT (3.3x coverage).