Premium Brands Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Premium Brands Holdings has a total shareholder equity of CA$1.8B and total debt of CA$1.9B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are CA$5.1B and CA$3.3B respectively. Premium Brands Holdings's EBIT is CA$254.9M making its interest coverage ratio 5.9. It has cash and short-term investments of CA$11.4M.
Key information
106.2%
Debt to equity ratio
CA$1.92b
Debt
Interest coverage ratio | 5.9x |
Cash | CA$11.40m |
Equity | CA$1.81b |
Total liabilities | CA$3.27b |
Total assets | CA$5.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PBH N's short term assets (CA$1.4B) exceed its short term liabilities (CA$564.8M).
Long Term Liabilities: PBH N's short term assets (CA$1.4B) do not cover its long term liabilities (CA$2.7B).
Debt to Equity History and Analysis
Debt Level: PBH N's net debt to equity ratio (105.5%) is considered high.
Reducing Debt: PBH N's debt to equity ratio has reduced from 128.8% to 106.2% over the past 5 years.
Debt Coverage: PBH N's debt is not well covered by operating cash flow (5%).
Interest Coverage: PBH N's interest payments on its debt are well covered by EBIT (5.9x coverage).