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
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0FP0's short term assets (€144.5M) exceed its short term liabilities (€62.1M).
Long Term Liabilities: 0FP0's short term assets (€144.5M) exceed its long term liabilities (€12.2M).
Debt to Equity History and Analysis
Debt Level: 0FP0's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: 0FP0's debt to equity ratio has increased from 0.7% to 14.8% over the past 5 years.
Debt Coverage: 0FP0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 0FP0's interest payments on its debt are well covered by EBIT (18.1x coverage).