Prime Media Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Prime Media Holdings has a total shareholder equity of ₱260.1M and total debt of ₱0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₱453.3M and ₱193.2M respectively.

Key information

Debt to equity ratio

₱0

Debt

Interest coverage ratio	n/a
Cash	₱49.44m
Equity	₱260.09m
Total liabilities	₱193.22m
Total assets	₱453.31m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: PRIM's short term assets (₱56.1M) do not cover its short term liabilities (₱193.2M).

Long Term Liabilities: PRIM has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: PRIM is debt free.

Reducing Debt: PRIM had no debt 5 years ago.

Debt Coverage: PRIM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: PRIM has no debt, therefore coverage of interest payments is not a concern.

Prime Media Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Recent updates

New minor risk - Share price stability

New major risk - Shareholder dilution

Third quarter 2023 earnings released: EPS: ₱0.011 (vs ₱0.002 loss in 3Q 2022)

Prime Media Holdings, Inc., Annual General Meeting, Dec 05, 2023

Now 21% undervalued

Now 20% undervalued

Second quarter 2023 earnings released: ₱0.008 loss per share (vs ₱0.002 loss in 2Q 2022)

New minor risk - Shareholder dilution

Prime Media Holdings, Inc. Announces Executive Changes

Prime Media Holdings, Inc. Announces Resignation of Atty. Reuben Carlo O. General as Corporate Secretary and Compliance Officer

Now 23% undervalued after recent price drop

Less than half of directors are independent

Prime Media Holdings, Inc., Annual General Meeting, Sep 23, 2022

Prime Media Holdings, Inc. Announces Resignation of Christopher Sam S. Salvador as Assistant Corporate Secretary, Co-Compliance Officer and Corporate Information Officer

Less than half of directors are independent

Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations

Second quarter 2021 earnings released: ₱0.001 loss per share (vs ₱0.001 loss in 2Q 2020)

Philippine Collective Media Corporation entered into a Memorandum of Understanding to acquire Prime Media Holdings, Inc. (PSE:PRIM) from RYM Business Management Corporation and others in a reverse merger transaction.

First quarter 2021 earnings released: ₱0.001 loss per share (vs ₱0.001 loss in 1Q 2020)

Treasurer & Director recently sold ₱626k worth of stock

Treasurer & Director recently bought ₱529k worth of stock

New 90-day high: ₱2.57

Director has left the company

Prime Media Holdings, Inc. Announces Resignation of Mr. Antonio L. Tiu as Director

Treasurer & Director recently bought ₱262k worth of stock

New 90-day high: ₱1.10

New 90-day high: ₱0.97

Third quarter 2020 earnings released: ₱0.001 loss per share

New 90-day high: ₱0.84

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies