PriceSmart Balance Sheet Health
Financial Health criteria checks 5/6
PriceSmart has a total shareholder equity of $1.1B and total debt of $141.6M, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are $2.0B and $899.7M respectively. PriceSmart's EBIT is $223.1M making its interest coverage ratio 116.8. It has cash and short-term investments of $230.0M.
Key information
12.6%
Debt to equity ratio
US$141.65m
Debt
| Interest coverage ratio | 116.8x |
| Cash | US$230.01m |
| Equity | US$1.12b |
| Total liabilities | US$899.73m |
| Total assets | US$2.02b |
Recent financial health updates
PriceSmart (NASDAQ:PSMT) Seems To Use Debt Quite Sensibly
Oct 30
PriceSmart (NASDAQ:PSMT) Seems To Use Debt Quite Sensibly
Jan 17PriceSmart (NASDAQ:PSMT) Has A Pretty Healthy Balance Sheet
Oct 17Is PriceSmart (NASDAQ:PSMT) Using Too Much Debt?
Mar 10Recent updates
PriceSmart (NASDAQ:PSMT) Seems To Use Debt Quite Sensibly
Oct 30PriceSmart (NASDAQ:PSMT) Is Experiencing Growth In Returns On Capital
Oct 17Here's Why PriceSmart (NASDAQ:PSMT) Has Caught The Eye Of Investors
Sep 17Why PriceSmart, Inc. (NASDAQ:PSMT) Could Be Worth Watching
Sep 04PriceSmart, Inc.'s (NASDAQ:PSMT) Share Price Not Quite Adding Up
Aug 19PriceSmart: Quality Retailer At A Fair Valuation
Jul 31PriceSmart (NASDAQ:PSMT) Will Pay A Dividend Of $0.58
Jul 22Returns On Capital Are Showing Encouraging Signs At PriceSmart (NASDAQ:PSMT)
Jul 13PriceSmart: Little Headroom To Move Past Current Multiples
Jun 23PriceSmart (NASDAQ:PSMT) Will Pay A Dividend Of $0.58
Jun 19An Intrinsic Calculation For PriceSmart, Inc. (NASDAQ:PSMT) Suggests It's 23% Undervalued
Jun 06PriceSmart's (NASDAQ:PSMT) Dividend Will Be $0.58
Apr 24PriceSmart's (NASDAQ:PSMT) Dividend Will Be $0.58
Apr 10Is Now The Time To Put PriceSmart (NASDAQ:PSMT) On Your Watchlist?
Mar 28PriceSmart: Fairly Valuable Growth, But Better Alternatives Exist
Mar 26Is Now An Opportune Moment To Examine PriceSmart, Inc. (NASDAQ:PSMT)?
Mar 15Shareholders Should Be Pleased With PriceSmart, Inc.'s (NASDAQ:PSMT) Price
Feb 24PriceSmart (NASDAQ:PSMT) Will Pay A Larger Dividend Than Last Year At $0.58
Feb 06PriceSmart (NASDAQ:PSMT) Seems To Use Debt Quite Sensibly
Jan 17PriceSmart: An Attractive Priced Club Operator
Jan 10Returns On Capital At PriceSmart (NASDAQ:PSMT) Have Stalled
Jan 04Here's Why PriceSmart (NASDAQ:PSMT) Has Caught The Eye Of Investors
Dec 04Is PriceSmart, Inc. (NASDAQ:PSMT) Potentially Undervalued?
Nov 16PriceSmart (NASDAQ:PSMT) Has A Pretty Healthy Balance Sheet
Oct 17Returns At PriceSmart (NASDAQ:PSMT) Appear To Be Weighed Down
Sep 22Do PriceSmart's (NASDAQ:PSMT) Earnings Warrant Your Attention?
Aug 22PriceSmart's (NASDAQ:PSMT) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 30PriceSmart's (NASDAQ:PSMT) Upcoming Dividend Will Be Larger Than Last Year's
Jul 11Is It Time To Consider Buying PriceSmart, Inc. (NASDAQ:PSMT)?
Jun 29PriceSmart's (NASDAQ:PSMT) Upcoming Dividend Will Be Larger Than Last Year's
Jun 03PriceSmart (NASDAQ:PSMT) Has Some Way To Go To Become A Multi-Bagger
May 20PriceSmart (NASDAQ:PSMT) Is Paying Out A Larger Dividend Than Last Year
Apr 05Calculating The Intrinsic Value Of PriceSmart, Inc. (NASDAQ:PSMT)
Apr 03Is PriceSmart (NASDAQ:PSMT) Using Too Much Debt?
Mar 10Should You Think About Buying PriceSmart, Inc. (NASDAQ:PSMT) Now?
Feb 24PriceSmart (NASDAQ:PSMT) Has Announced That It Will Be Increasing Its Dividend To $0.46
Feb 11The Returns At PriceSmart (NASDAQ:PSMT) Aren't Growing
Feb 10Should You Be Adding PriceSmart (NASDAQ:PSMT) To Your Watchlist Today?
Jan 25PriceSmart, Inc. (NASDAQ:PSMT) Shares Could Be 34% Below Their Intrinsic Value Estimate
Dec 31Financial Position Analysis
Short Term Liabilities: PSMT's short term assets ($832.3M) exceed its short term liabilities ($680.1M).
Long Term Liabilities: PSMT's short term assets ($832.3M) exceed its long term liabilities ($219.6M).
Debt to Equity History and Analysis
Debt Level: PSMT has more cash than its total debt.
Reducing Debt: PSMT's debt to equity ratio has increased from 12.5% to 12.6% over the past 5 years.
Debt Coverage: PSMT's debt is well covered by operating cash flow (146.6%).
Interest Coverage: PSMT's interest payments on its debt are well covered by EBIT (116.8x coverage).