Premium Brands Holdings Financial Health
How is Premium Brands Holdings's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: PBH's short term assets (CA$1.5B) exceed its short term liabilities (CA$592.1M).
Long Term Liabilities: PBH's short term assets (CA$1.5B) do not cover its long term liabilities (CA$2.5B).
Debt to Equity History and Analysis
Debt Level: PBH's net debt to equity ratio (103.5%) is considered high.
Reducing Debt: PBH's debt to equity ratio has reduced from 106.4% to 104.2% over the past 5 years.
Debt Coverage: PBH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PBH's interest payments on its debt are well covered by EBIT (29.3x coverage).