Prime Energy P.E Balance Sheet Health
Financial Health criteria checks 2/6
Prime Energy P.E has a total shareholder equity of ₪46.6M and total debt of ₪208.3M, which brings its debt-to-equity ratio to 447.3%. Its total assets and total liabilities are ₪287.8M and ₪241.2M respectively.
Key information
447.3%
Debt to equity ratio
₪208.32m
Debt
Interest coverage ratio | n/a |
Cash | ₪17.05m |
Equity | ₪46.57m |
Total liabilities | ₪241.18m |
Total assets | ₪287.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIM's short term assets (₪71.7M) exceed its short term liabilities (₪46.0M).
Long Term Liabilities: PRIM's short term assets (₪71.7M) do not cover its long term liabilities (₪195.2M).
Debt to Equity History and Analysis
Debt Level: PRIM's net debt to equity ratio (410.7%) is considered high.
Reducing Debt: PRIM's debt to equity ratio has reduced from 1884.2% to 447.3% 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 less than a year of cash runway 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 13% each year