Premier Health of America Balance Sheet Health
Financial Health criteria checks 3/6
Premier Health of America has a total shareholder equity of CA$4.1M and total debt of CA$46.2M, which brings its debt-to-equity ratio to 1132.4%. Its total assets and total liabilities are CA$73.7M and CA$69.6M respectively.
Key information
1,132.4%
Debt to equity ratio
CA$46.16m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$1.50m |
| Equity | CA$4.08m |
| Total liabilities | CA$69.64m |
| Total assets | CA$73.72m |
Recent financial health updates
Is Premier Health of America (CVE:PHA) Using Too Much Debt?
Dec 12
Does Premier Health of America (CVE:PHA) Have A Healthy Balance Sheet?
Aug 20Premier Health of America (CVE:PHA) Has A Somewhat Strained Balance Sheet
May 02Here's Why Premier Health of America (CVE:PHA) Has A Meaningful Debt Burden
Dec 12These 4 Measures Indicate That Premier Health of America (CVE:PHA) Is Using Debt Extensively
Jul 06Does Premier Health of America (CVE:PHA) Have A Healthy Balance Sheet?
Jul 31Recent updates
Is Premier Health of America (CVE:PHA) Using Too Much Debt?
Dec 12Does Premier Health of America (CVE:PHA) Have A Healthy Balance Sheet?
Aug 20Investors Aren't Entirely Convinced By Premier Health of America Inc.'s (CVE:PHA) Revenues
Jun 27Premier Health of America (CVE:PHA) Has A Somewhat Strained Balance Sheet
May 02A Piece Of The Puzzle Missing From Premier Health of America Inc.'s (CVE:PHA) 30% Share Price Climb
Feb 14Further Upside For Premier Health of America Inc. (CVE:PHA) Shares Could Introduce Price Risks After 26% Bounce
Dec 28Here's Why Premier Health of America (CVE:PHA) Has A Meaningful Debt Burden
Dec 12These 4 Measures Indicate That Premier Health of America (CVE:PHA) Is Using Debt Extensively
Jul 06Does Premier Health of America (CVE:PHA) Have A Healthy Balance Sheet?
Jul 31We Think Premier Health of America (CVE:PHA) Can Stay On Top Of Its Debt
Apr 09Here's Why Premier Health of America (CVE:PHA) Can Manage Its Debt Responsibly
Dec 24Estimating The Intrinsic Value Of Premier Health of America Inc. (CVE:PHA)
Oct 29Investors Shouldn't Be Too Comfortable With Premier Health of America's (CVE:PHA) Robust Earnings
May 28Independent Chairman of the Board Eric Chouinard Just Bought 9.4% More Shares In Premier Health of America Inc. (CVE:PHA)
Feb 23These 4 Measures Indicate That Premier Health of America (CVE:PHA) Is Using Debt Reasonably Well
Feb 08Financial Position Analysis
Short Term Liabilities: PHA's short term assets (CA$35.7M) do not cover its short term liabilities (CA$56.8M).
Long Term Liabilities: PHA's short term assets (CA$35.7M) exceed its long term liabilities (CA$12.9M).
Debt to Equity History and Analysis
Debt Level: PHA's net debt to equity ratio (1095.7%) is considered high.
Reducing Debt: PHA's debt to equity ratio has increased from 201.9% to 1132.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PHA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PHA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.4% per year.