Primetime Property Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Primetime Property Holdings has a total shareholder equity of BWP866.8M and total debt of BWP951.4M, which brings its debt-to-equity ratio to 109.8%. Its total assets and total liabilities are BWP1.9B and BWP1.0B respectively. Primetime Property Holdings's EBIT is BWP137.5M making its interest coverage ratio 1.9. It has cash and short-term investments of BWP23.0M.
Key information
109.8%
Debt to equity ratio
P951.36m
Debt
Interest coverage ratio | 1.9x |
Cash | P23.00m |
Equity | P866.78m |
Total liabilities | P1.04b |
Total assets | P1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIMETIME's short term assets (BWP47.1M) do not cover its short term liabilities (BWP198.4M).
Long Term Liabilities: PRIMETIME's short term assets (BWP47.1M) do not cover its long term liabilities (BWP842.6M).
Debt to Equity History and Analysis
Debt Level: PRIMETIME's net debt to equity ratio (107.1%) is considered high.
Reducing Debt: PRIMETIME's debt to equity ratio has increased from 80.8% to 109.8% over the past 5 years.
Debt Coverage: PRIMETIME's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: PRIMETIME's interest payments on its debt are not well covered by EBIT (1.9x coverage).