Perficient Balance Sheet Health
Financial Health criteria checks 3/6
Perficient has a total shareholder equity of $530.6M and total debt of $396.9M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are $1.1B and $534.0M respectively. Perficient's EBIT is $131.9M making its interest coverage ratio 363.4. It has cash and short-term investments of $128.9M.
Key information
74.8%
Debt to equity ratio
US$396.87m
Debt
Interest coverage ratio | 363.4x |
Cash | US$128.89m |
Equity | US$530.62m |
Total liabilities | US$533.98m |
Total assets | US$1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFS's short term assets ($326.0M) exceed its short term liabilities ($78.5M).
Long Term Liabilities: PFS's short term assets ($326.0M) do not cover its long term liabilities ($455.5M).
Debt to Equity History and Analysis
Debt Level: PFS's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: PFS's debt to equity ratio has increased from 33.9% to 74.8% over the past 5 years.
Debt Coverage: PFS's debt is well covered by operating cash flow (36%).
Interest Coverage: PFS's interest payments on its debt are well covered by EBIT (363.4x coverage).