Prima Meat Packers Balance Sheet Health
Financial Health criteria checks 6/6
Prima Meat Packers has a total shareholder equity of ¥132.8B and total debt of ¥20.9B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ¥242.5B and ¥109.7B respectively. Prima Meat Packers's EBIT is ¥11.2B making its interest coverage ratio -51.7. It has cash and short-term investments of ¥15.8B.
Key information
15.8%
Debt to equity ratio
JP¥20.95b
Debt
| Interest coverage ratio | -51.7x |
| Cash | JP¥15.79b |
| Equity | JP¥132.76b |
| Total liabilities | JP¥109.74b |
| Total assets | JP¥242.50b |
Recent financial health updates
No updates
Recent updates
We Think That There Are Issues Underlying Prima Meat Packers' (TSE:2281) Earnings
Nov 12
Prima Meat Packers' (TSE:2281) Dividend Will Be ¥40.00
Aug 29Prima Meat Packers' (TSE:2281) Dividend Will Be ¥40.00
Jul 25Prima Meat Packers (TSE:2281) Is Due To Pay A Dividend Of ¥40.00
Jul 11Prima Meat Packers (TSE:2281) Is Due To Pay A Dividend Of ¥45.00
Mar 28Prima Meat Packers (TSE:2281) Has Affirmed Its Dividend Of ¥45.00
Feb 27Financial Position Analysis
Short Term Liabilities: 2281's short term assets (¥99.9B) exceed its short term liabilities (¥79.9B).
Long Term Liabilities: 2281's short term assets (¥99.9B) exceed its long term liabilities (¥29.8B).
Debt to Equity History and Analysis
Debt Level: 2281's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 2281's debt to equity ratio has reduced from 25.4% to 15.8% over the past 5 years.
Debt Coverage: 2281's debt is well covered by operating cash flow (80.2%).
Interest Coverage: 2281 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:24 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Prima Meat Packers, Ltd. is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Masatoshi Nagata | Ichiyoshi Research Institute Inc. |
| Kenji Araki | Tokai Tokyo Intelligence Laboratory Co., Ltd. |
| Satish Vadlamani | Virtua Research Inc. |