Prime Dividend Balance Sheet Health
Financial Health criteria checks 3/6
Prime Dividend has a total shareholder equity of CA$3.7M and total debt of CA$8.5M, which brings its debt-to-equity ratio to 228.9%. Its total assets and total liabilities are CA$12.6M and CA$8.9M respectively.
Key information
228.9%
Debt to equity ratio
CA$8.54m
Debt
Interest coverage ratio | n/a |
Cash | CA$12.60m |
Equity | CA$3.73m |
Total liabilities | CA$8.91m |
Total assets | CA$12.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4J8's short term assets (CA$12.6M) exceed its short term liabilities (CA$8.9M).
Long Term Liabilities: 4J8 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 4J8 has more cash than its total debt.
Reducing Debt: 4J8's debt to equity ratio has increased from 191.6% to 228.9% over the past 5 years.
Debt Coverage: 4J8's debt is not well covered by operating cash flow (15.9%).
Interest Coverage: Insufficient data to determine if 4J8's interest payments on its debt are well covered by EBIT.