Premium Brands Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Premium Brands Holdings has a total shareholder equity of CA$1.8B and total debt of CA$2.2B, which brings its debt-to-equity ratio to 124.2%. Its total assets and total liabilities are CA$5.4B and CA$3.6B respectively. Premium Brands Holdings's EBIT is CA$304.5M making its interest coverage ratio 2.3. It has cash and short-term investments of CA$12.1M.
Key information
124.2%
Debt to equity ratio
CA$2.17b
Debt
| Interest coverage ratio | 2.3x |
| Cash | CA$12.10m |
| Equity | CA$1.75b |
| Total liabilities | CA$3.61b |
| Total assets | CA$5.36b |
Recent financial health updates
We Think Premium Brands Holdings (TSE:PBH) Is Taking Some Risk With Its Debt
Apr 02
Is Premium Brands Holdings (TSE:PBH) Using Too Much Debt?
Sep 20We Think Premium Brands Holdings (TSE:PBH) Is Taking Some Risk With Its Debt
Jun 12Premium Brands Holdings (TSE:PBH) Takes On Some Risk With Its Use Of Debt
Feb 15Does Premium Brands Holdings (TSE:PBH) Have A Healthy Balance Sheet?
Sep 29Is Premium Brands Holdings (TSE:PBH) A Risky Investment?
Jun 17Recent updates
A Look At The Intrinsic Value Of Premium Brands Holdings Corporation (TSE:PBH)
Aug 13Getting In Cheap On Premium Brands Holdings Corporation (TSE:PBH) Might Be Difficult
Jun 07Premium Brands Holdings' (TSE:PBH) Dividend Will Be CA$0.85
May 21Is Premium Brands Holdings Corporation (TSE:PBH) Trading At A 30% Discount?
May 04Is Premium Brands Holdings Corporation (TSE:PBH) Potentially Undervalued?
Apr 17We Think Premium Brands Holdings (TSE:PBH) Is Taking Some Risk With Its Debt
Apr 02Premium Brands Holdings Corporation (TSE:PBH) Not Lagging Market On Growth Or Pricing
Dec 27Is It Too Late To Consider Buying Premium Brands Holdings Corporation (TSE:PBH)?
Dec 07Is Premium Brands Holdings (TSE:PBH) Using Too Much Debt?
Sep 20Is It Too Late To Consider Buying Premium Brands Holdings Corporation (TSE:PBH)?
Aug 28We Think Premium Brands Holdings (TSE:PBH) Is Taking Some Risk With Its Debt
Jun 12Why Premium Brands Holdings Corporation (TSE:PBH) Could Be Worth Watching
May 23Premium Brands Holdings Corporation's (TSE:PBH) Intrinsic Value Is Potentially 59% Above Its Share Price
Apr 19Does Premium Brands Holdings (TSE:PBH) Deserve A Spot On Your Watchlist?
Mar 08Premium Brands Holdings (TSE:PBH) Takes On Some Risk With Its Use Of Debt
Feb 15Should You Investigate Premium Brands Holdings Corporation (TSE:PBH) At CA$89.08?
Jan 10Does Premium Brands Holdings (TSE:PBH) Have A Healthy Balance Sheet?
Sep 29Why Premium Brands Holdings Corporation (TSE:PBH) Could Be Worth Watching
Sep 11We Ran A Stock Scan For Earnings Growth And Premium Brands Holdings (TSE:PBH) Passed With Ease
Aug 26Is Premium Brands Holdings (TSE:PBH) A Risky Investment?
Jun 17Is There Now An Opportunity In Premium Brands Holdings Corporation (TSE:PBH)?
Jun 02Should You Be Adding Premium Brands Holdings (TSE:PBH) To Your Watchlist Today?
May 18Premium Brands Holdings (TSE:PBH) Will Pay A Larger Dividend Than Last Year At CA$0.70
Mar 21Premium Brands Holdings (TSE:PBH) Has A Pretty Healthy Balance Sheet
Mar 08Why Premium Brands Holdings Corporation (TSE:PBH) Could Be Worth Watching
Jan 12Premium Brands Holdings (TSE:PBH) Has A Pretty Healthy Balance Sheet
Dec 07Is It Time To Consider Buying Premium Brands Holdings Corporation (TSE:PBH)?
Oct 08Does Premium Brands Holdings (TSE:PBH) Have A Healthy Balance Sheet?
Sep 05At CA$124, Is Premium Brands Holdings Corporation (TSE:PBH) Worth Looking At Closely?
Jun 12Financial Position Analysis
Short Term Liabilities: PBH's short term assets (CA$1.3B) exceed its short term liabilities (CA$861.0M).
Long Term Liabilities: PBH's short term assets (CA$1.3B) do not cover its long term liabilities (CA$2.7B).
Debt to Equity History and Analysis
Debt Level: PBH's net debt to equity ratio (123.5%) is considered high.
Reducing Debt: PBH's debt to equity ratio has increased from 88.9% to 124.2% over the past 5 years.
Debt Coverage: PBH's debt is well covered by operating cash flow (21.6%).
Interest Coverage: PBH's interest payments on its debt are not well covered by EBIT (2.3x coverage).