Prestige Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Prestige Holdings has a total shareholder equity of TTD353.5M and total debt of TTD45.1M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are TTD854.9M and TTD501.5M respectively. Prestige Holdings's EBIT is TTD112.0M making its interest coverage ratio 6.1. It has cash and short-term investments of TTD100.1M.
Key information
12.8%
Debt to equity ratio
TT$45.12m
Debt
| Interest coverage ratio | 6.1x |
| Cash | TT$100.07m |
| Equity | TT$353.46m |
| Total liabilities | TT$501.46m |
| Total assets | TT$854.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHL's short term assets (TTD210.0M) do not cover its short term liabilities (TTD225.8M).
Long Term Liabilities: PHL's short term assets (TTD210.0M) do not cover its long term liabilities (TTD275.6M).
Debt to Equity History and Analysis
Debt Level: PHL has more cash than its total debt.
Reducing Debt: PHL's debt to equity ratio has reduced from 22.9% to 12.8% over the past 5 years.
Debt Coverage: PHL's debt is well covered by operating cash flow (250.1%).
Interest Coverage: PHL's interest payments on its debt are well covered by EBIT (6.1x coverage).