Premium Group Balance Sheet Health
Financial Health criteria checks 2/6
Premium Group has a total shareholder equity of ¥16.1B and total debt of ¥42.0B, which brings its debt-to-equity ratio to 259.9%. Its total assets and total liabilities are ¥126.9B and ¥110.8B respectively. Premium Group's EBIT is ¥6.7B making its interest coverage ratio 201.6. It has cash and short-term investments of ¥18.3B.
Key information
259.9%
Debt to equity ratio
JP¥41.97b
Debt
Interest coverage ratio | 201.6x |
Cash | JP¥18.27b |
Equity | JP¥16.15b |
Total liabilities | JP¥110.78b |
Total assets | JP¥126.93b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 7199's short term assets (¥76.8B) exceed its short term liabilities (¥476.0M).
Long Term Liabilities: 7199's short term assets (¥76.8B) do not cover its long term liabilities (¥110.3B).
Debt to Equity History and Analysis
Debt Level: 7199's net debt to equity ratio (146.8%) is considered high.
Reducing Debt: 7199's debt to equity ratio has increased from 205.7% to 259.9% over the past 5 years.
Debt Coverage: 7199's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: 7199's interest payments on its debt are well covered by EBIT (201.6x coverage).