Priortech Balance Sheet Health
Financial Health criteria checks 3/6
Priortech has a total shareholder equity of $246.3M and total debt of $64.6M, which brings its debt-to-equity ratio to 26.2%. Its total assets and total liabilities are $314.0M and $67.8M respectively.
Key information
26.2%
Debt to equity ratio
US$64.63m
Debt
| Interest coverage ratio | n/a |
| Cash | US$7.62m |
| Equity | US$246.27m |
| Total liabilities | US$67.76m |
| Total assets | US$314.03m |
Recent financial health updates
Recent updates
Priortech's (TLV:PRTC) Returns On Capital Are Heading Higher
Sep 14
Key Things To Watch Out For If You Are After Priortech Ltd's (TLV:PRTC) 3.6% Dividend
May 12Is Priortech (TLV:PRTC) A Risky Investment?
Mar 16Will The ROCE Trend At Priortech (TLV:PRTC) Continue?
Feb 20
Is Priortech Ltd (TLV:PRTC) An Attractive Dividend Stock?
Feb 01Shareholders of Priortech (TLV:PRTC) Must Be Delighted With Their 438% Total Return
Jan 15We're Not Counting On Priortech (TLV:PRTC) To Sustain Its Statutory Profitability
Dec 28Can Mixed Fundamentals Have A Negative Impact on Priortech Ltd (TLV:PRTC) Current Share Price Momentum?
Dec 08Financial Position Analysis
Short Term Liabilities: PRTC's short term assets ($20.5M) exceed its short term liabilities ($2.9M).
Long Term Liabilities: PRTC's short term assets ($20.5M) do not cover its long term liabilities ($64.8M).
Debt to Equity History and Analysis
Debt Level: PRTC's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: PRTC's debt to equity ratio has reduced from 27.4% to 26.2% over the past 5 years.
Debt Coverage: PRTC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PRTC's interest payments on its debt are well covered by EBIT.