This company listing is no longer active
This company may still be operating, however this listing is no longer active. Find out why through their latest events.
Prima Industrie Balance Sheet Health
Financial Health criteria checks 4/6
Key information
54.8%
Debt to equity ratio
€107.68m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €61.65m |
| Equity | €196.36m |
| Total liabilities | €387.78m |
| Total assets | €584.13m |
Recent financial health updates
Prima Industrie (BIT:PRI) Use Of Debt Could Be Considered Risky
May 05
Prima Industrie (BIT:PRI) Use Of Debt Could Be Considered Risky
Jan 26Recent updates
Prima Industrie (BIT:PRI) Has Some Way To Go To Become A Multi-Bagger
Jul 08An Intrinsic Calculation For Prima Industrie SpA (BIT:PRI) Suggests It's 43% Undervalued
Sep 21The Returns On Capital At Prima Industrie (BIT:PRI) Don't Inspire Confidence
Jun 08Prima Industrie (BIT:PRI) Use Of Debt Could Be Considered Risky
May 05Is There An Opportunity With Prima Industrie SpA's (BIT:PRI) 42% Undervaluation?
Mar 16Prima Industrie's (BIT:PRI) Stock Price Has Reduced 55% In The Past Three Years
Feb 18Prima Industrie (BIT:PRI) Use Of Debt Could Be Considered Risky
Jan 26What Kind Of Investors Own Most Of Prima Industrie SpA (BIT:PRI)?
Jan 06
Are Prima Industrie's (BIT:PRI) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 16Be Wary Of Prima Industrie (BIT:PRI) And Its Returns On Capital
Nov 26Financial Position Analysis
Short Term Liabilities: PRI's short term assets (€360.3M) exceed its short term liabilities (€275.8M).
Long Term Liabilities: PRI's short term assets (€360.3M) exceed its long term liabilities (€111.9M).
Debt to Equity History and Analysis
Debt Level: PRI's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: PRI's debt to equity ratio has reduced from 103.3% to 54.8% over the past 5 years.
Debt Coverage: PRI's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: PRI's interest payments on its debt are not well covered by EBIT (2.9x coverage).