Primetime Property Holdings Balance Sheet Health
Financial Health criteria checks 0/6
Primetime Property Holdings has a total shareholder equity of BWP917.2M and total debt of BWP926.1M, which brings its debt-to-equity ratio to 101%. Its total assets and total liabilities are BWP1.9B and BWP1.0B respectively. Primetime Property Holdings's EBIT is BWP136.2M making its interest coverage ratio 1.8. It has cash and short-term investments of BWP25.8M.
Key information
101.0%
Debt to equity ratio
P926.12m
Debt
| Interest coverage ratio | 1.8x |
| Cash | P25.78m |
| Equity | P917.23m |
| Total liabilities | P1.01b |
| Total assets | P1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTPH-EQU's short term assets (BWP46.4M) do not cover its short term liabilities (BWP107.5M).
Long Term Liabilities: PTPH-EQU's short term assets (BWP46.4M) do not cover its long term liabilities (BWP902.6M).
Debt to Equity History and Analysis
Debt Level: PTPH-EQU's net debt to equity ratio (98.2%) is considered high.
Reducing Debt: PTPH-EQU's debt to equity ratio has increased from 79.2% to 101% over the past 5 years.
Debt Coverage: PTPH-EQU's debt is not well covered by operating cash flow (14.1%).
Interest Coverage: PTPH-EQU's interest payments on its debt are not well covered by EBIT (1.8x coverage).