Premier Investments Balance Sheet Health
Financial Health criteria checks 6/6
Premier Investments has a total shareholder equity of A$1.8B and total debt of A$69.0M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are A$2.6B and A$753.9M respectively. Premier Investments's EBIT is A$361.6M making its interest coverage ratio 14.8. It has cash and short-term investments of A$492.1M.
Key information
3.8%
Debt to equity ratio
AU$69.00m
Debt
Interest coverage ratio | 14.8x |
Cash | AU$492.07m |
Equity | AU$1.81b |
Total liabilities | AU$753.87m |
Total assets | AU$2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMV's short term assets (A$734.1M) exceed its short term liabilities (A$347.8M).
Long Term Liabilities: PMV's short term assets (A$734.1M) exceed its long term liabilities (A$406.1M).
Debt to Equity History and Analysis
Debt Level: PMV has more cash than its total debt.
Reducing Debt: PMV had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PMV's debt is well covered by operating cash flow (606%).
Interest Coverage: PMV's interest payments on its debt are well covered by EBIT (14.8x coverage).