Premier Fund REIT Balance Sheet Health
Financial Health criteria checks 3/6
Premier Fund REIT has a total shareholder equity of BGN20.5M and total debt of BGN36.5M, which brings its debt-to-equity ratio to 177.9%. Its total assets and total liabilities are BGN74.0M and BGN53.5M respectively.
Key information
177.9%
Debt to equity ratio
лв36.49m
Debt
| Interest coverage ratio | n/a |
| Cash | лв202.00k |
| Equity | лв20.51m |
| Total liabilities | лв53.45m |
| Total assets | лв73.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PREM's short term assets (BGN36.1M) exceed its short term liabilities (BGN23.1M).
Long Term Liabilities: PREM's short term assets (BGN36.1M) exceed its long term liabilities (BGN30.3M).
Debt to Equity History and Analysis
Debt Level: PREM's net debt to equity ratio (176.9%) is considered high.
Reducing Debt: PREM's debt to equity ratio has reduced from 613.5% to 177.9% over the past 5 years.
Debt Coverage: PREM's debt is not well covered by operating cash flow (17.6%).
Interest Coverage: Insufficient data to determine if PREM's interest payments on its debt are well covered by EBIT.