Premier Foods Balance Sheet Health
Financial Health criteria checks 5/6
Premier Foods has a total shareholder equity of £1.4B and total debt of £324.3M, which brings its debt-to-equity ratio to 23.2%. Its total assets and total liabilities are £2.4B and £1.0B respectively. Premier Foods's EBIT is £177.5M making its interest coverage ratio 6.4. It has cash and short-term investments of £113.9M.
Key information
23.2%
Debt to equity ratio
UK£324.30m
Debt
| Interest coverage ratio | 6.4x |
| Cash | UK£113.90m |
| Equity | UK£1.40b |
| Total liabilities | UK£1.03b |
| Total assets | UK£2.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PFDL's short term assets (£364.2M) exceed its short term liabilities (£306.8M).
Long Term Liabilities: PFDL's short term assets (£364.2M) do not cover its long term liabilities (£725.9M).
Debt to Equity History and Analysis
Debt Level: PFDL's net debt to equity ratio (15%) is considered satisfactory.
Reducing Debt: PFDL's debt to equity ratio has reduced from 43.5% to 23.2% over the past 5 years.
Debt Coverage: PFDL's debt is well covered by operating cash flow (42.4%).
Interest Coverage: PFDL's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 12:43 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2024/03/30 |
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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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
Premier Foods plc is covered by 27 analysts. 7 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 |
|---|---|
| Patrick Folan | Barclays |
| Corinne Maillet | Barclays |
| Jeffrey Stent | BNP Paribas Exane |