Prime Energy P.E Balance Sheet Health
Financial Health criteria checks 3/6
Prime Energy P.E has a total shareholder equity of ₪50.0M and total debt of ₪183.5M, which brings its debt-to-equity ratio to 367.2%. Its total assets and total liabilities are ₪277.6M and ₪227.6M respectively.
Key information
367.2%
Debt to equity ratio
₪183.54m
Debt
Interest coverage ratio | n/a |
Cash | ₪30.37m |
Equity | ₪49.99m |
Total liabilities | ₪227.60m |
Total assets | ₪277.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIM's short term assets (₪70.5M) exceed its short term liabilities (₪58.3M).
Long Term Liabilities: PRIM's short term assets (₪70.5M) do not cover its long term liabilities (₪169.3M).
Debt to Equity History and Analysis
Debt Level: PRIM's net debt to equity ratio (306.4%) is considered high.
Reducing Debt: PRIM's debt to equity ratio has reduced from 6642.4% to 367.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PRIM has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PRIM has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.3% each year