Primcom Balance Sheet Health
Financial Health criteria checks 5/6
Primcom has a total shareholder equity of RON6.4M and total debt of RON21.8K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are RON8.0M and RON1.6M respectively. Primcom's EBIT is RON332.1K making its interest coverage ratio -39.4. It has cash and short-term investments of RON19.0K.
Key information
0.3%
Debt to equity ratio
RON 21.79k
Debt
| Interest coverage ratio | -39.4x |
| Cash | RON 18.97k |
| Equity | RON 6.39m |
| Total liabilities | RON 1.58m |
| Total assets | RON 7.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIB's short term assets (RON75.4K) do not cover its short term liabilities (RON1.6M).
Long Term Liabilities: PRIB's short term assets (RON75.4K) exceed its long term liabilities (RON8.9K).
Debt to Equity History and Analysis
Debt Level: PRIB's net debt to equity ratio (0.04%) is considered satisfactory.
Reducing Debt: PRIB's debt to equity ratio has reduced from 0.7% to 0.3% over the past 5 years.
Debt Coverage: PRIB's debt is well covered by operating cash flow (1039.1%).
Interest Coverage: PRIB earns more interest than it pays, so coverage of interest payments is not a concern.