Premier Fund REIT Balance Sheet Health
Financial Health criteria checks 1/6
Premier Fund REIT has a total shareholder equity of BGN20.0M and total debt of BGN38.2M, which brings its debt-to-equity ratio to 191.6%. Its total assets and total liabilities are BGN73.0M and BGN53.1M respectively. Premier Fund REIT's EBIT is BGN208.0K making its interest coverage ratio 0.1. It has cash and short-term investments of BGN661.0K.
Key information
191.6%
Debt to equity ratio
лв38.23m
Debt
| Interest coverage ratio | 0.1x |
| Cash | лв661.00k |
| Equity | лв19.96m |
| Total liabilities | лв53.05m |
| Total assets | лв73.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PREM's short term assets (BGN10.5M) do not cover its short term liabilities (BGN25.4M).
Long Term Liabilities: PREM's short term assets (BGN10.5M) do not cover its long term liabilities (BGN27.7M).
Debt to Equity History and Analysis
Debt Level: PREM's net debt to equity ratio (188.3%) is considered high.
Reducing Debt: PREM's debt to equity ratio has reduced from 650.9% to 191.6% over the past 5 years.
Debt Coverage: PREM's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: PREM's interest payments on its debt are not well covered by EBIT (0.1x coverage).