Premium Group Balance Sheet Health
Financial Health criteria checks 3/6
Premium Group has a total shareholder equity of ¥17.7B and total debt of ¥41.7B, which brings its debt-to-equity ratio to 234.9%. Its total assets and total liabilities are ¥134.2B and ¥116.4B respectively. Premium Group's EBIT is ¥7.5B making its interest coverage ratio 575.5. It has cash and short-term investments of ¥18.3B.
Key information
234.9%
Debt to equity ratio
JP¥41.69b
Debt
| Interest coverage ratio | 575.5x |
| Cash | JP¥18.28b |
| Equity | JP¥17.75b |
| Total liabilities | JP¥116.45b |
| Total assets | JP¥134.20b |
Recent financial health updates
No updates
Recent updates
Premium Group (TSE:7199) Will Pay A Larger Dividend Than Last Year At ¥20.00
Sep 20
Market Participants Recognise Premium Group Co., Ltd.'s (TSE:7199) Earnings Pushing Shares 32% Higher
Sep 04Premium Group (TSE:7199) Is Increasing Its Dividend To ¥20.00
Aug 19Premium Group (TSE:7199) Is Increasing Its Dividend To ¥20.00
Jul 26Premium Group's (TSE:7199) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 12Premium Group (TSE:7199) Will Pay A Dividend Of ¥13.00
Mar 23Premium Group (TSE:7199) Is Due To Pay A Dividend Of ¥13.00
Feb 27Financial Position Analysis
Short Term Liabilities: 7199's short term assets (¥88.6B) exceed its short term liabilities (¥59.2B).
Long Term Liabilities: 7199's short term assets (¥88.6B) exceed its long term liabilities (¥57.3B).
Debt to Equity History and Analysis
Debt Level: 7199's net debt to equity ratio (131.9%) is considered high.
Reducing Debt: 7199's debt to equity ratio has increased from 219.1% to 234.9% over the past 5 years.
Debt Coverage: 7199's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: 7199's interest payments on its debt are well covered by EBIT (575.5x coverage).