Prime Office Balance Sheet Health
Financial Health criteria checks 2/6
Prime Office has a total shareholder equity of DKK2.1B and total debt of DKK1.9B, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are DKK4.4B and DKK2.3B respectively. Prime Office's EBIT is DKK128.3M making its interest coverage ratio 2.1. It has cash and short-term investments of DKK192.2M.
Key information
93.6%
Debt to equity ratio
DKK 1.93b
Debt
| Interest coverage ratio | 2.1x |
| Cash | DKK 192.20m |
| Equity | DKK 2.06b |
| Total liabilities | DKK 2.30b |
| Total assets | DKK 4.36b |
Recent financial health updates
Prime Office (CPH:PRIMOF) Takes On Some Risk With Its Use Of Debt
Dec 30
We Think Prime Office (CPH:PRIMOF) Is Taking Some Risk With Its Debt
Mar 15Does Prime Office (CPH:PRIMOF) Have A Healthy Balance Sheet?
Nov 23
Recent updates
Prime Office's (CPH:PRIMOF) Anemic Earnings Might Be Worse Than You Think
Nov 28Prime Office's (CPH:PRIMOF) Problems Go Beyond Weak Profit
Mar 26Prime Office (CPH:PRIMOF) Takes On Some Risk With Its Use Of Debt
Dec 30A Look At The Intrinsic Value Of Prime Office A/S (CPH:PRIMOF)
Jul 07Does Prime Office A/S (CPH:PRIMOF) Have A Place In Your Dividend Portfolio?
Apr 12We Think Prime Office (CPH:PRIMOF) Is Taking Some Risk With Its Debt
Mar 15Boasting A 18% Return On Equity, Is Prime Office A/S (CPH:PRIMOF) A Top Quality Stock?
Feb 17The Prime Office (CPH:PRIMOF) Share Price Is Up 174% And Shareholders Are Boasting About It
Jan 27Prime Office's (CPH:PRIMOF) Earnings Are Growing But Is There More To The Story?
Jan 06With EPS Growth And More, Prime Office (CPH:PRIMOF) Is Interesting
Dec 10Does Prime Office (CPH:PRIMOF) Have A Healthy Balance Sheet?
Nov 23Financial Position Analysis
Short Term Liabilities: PRIMOF's short term assets (DKK235.7M) exceed its short term liabilities (DKK102.7M).
Long Term Liabilities: PRIMOF's short term assets (DKK235.7M) do not cover its long term liabilities (DKK2.2B).
Debt to Equity History and Analysis
Debt Level: PRIMOF's net debt to equity ratio (84.3%) is considered high.
Reducing Debt: PRIMOF's debt to equity ratio has reduced from 136.4% to 93.6% over the past 5 years.
Debt Coverage: PRIMOF's debt is not well covered by operating cash flow (6.4%).
Interest Coverage: PRIMOF's interest payments on its debt are not well covered by EBIT (2.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 19:20 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Prime Office A/S is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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