Prim Balance Sheet Health
Financial Health criteria checks 4/6
Prim has a total shareholder equity of €125.8M and total debt of €18.7M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are €200.1M and €74.3M respectively. Prim's EBIT is €13.0M making its interest coverage ratio 18.1. It has cash and short-term investments of €13.2M.
Key information
14.8%
Debt to equity ratio
€18.66m
Debt
| Interest coverage ratio | 18.1x |
| Cash | €13.25m |
| Equity | €125.82m |
| Total liabilities | €74.28m |
| Total assets | €200.10m |
Recent financial health updates
Recent updates
Investors Shouldn't Be Too Comfortable With Prim's (BME:PRM) Earnings
Apr 16
Here's What To Make Of Prim's (BME:PRM) Decelerating Rates Of Return
Apr 02Does Prim (BME:PRM) Have A Healthy Balance Sheet?
May 25Returns On Capital At Prim (BME:PRM) Have Stalled
May 07Did You Participate In Any Of Prim's (BME:PRM) Respectable 40% Return?
Mar 06Is Prim (BME:PRM) A Risky Investment?
Feb 19Should You Buy Prim, S.A. (BME:PRM) For Its Dividend?
Feb 01
What Do The Returns On Capital At Prim (BME:PRM) Tell Us?
Jan 16Is Prim, S.A.'s (BME:PRM) Recent Stock Performance Influenced By Its Financials In Any Way?
Jan 01What Percentage Of Prim, S.A. (BME:PRM) Shares Do Insiders Own?
Dec 16Prim's(BME:PRM) Share Price Is Down 19% Over The Past Year.
Nov 25Financial Position Analysis
Short Term Liabilities: PRM's short term assets (€144.5M) exceed its short term liabilities (€62.1M).
Long Term Liabilities: PRM's short term assets (€144.5M) exceed its long term liabilities (€12.2M).
Debt to Equity History and Analysis
Debt Level: PRM's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: PRM's debt to equity ratio has increased from 0.7% to 14.8% over the past 5 years.
Debt Coverage: PRM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRM's interest payments on its debt are well covered by EBIT (18.1x coverage).