PrimeEnergy Resources Balance Sheet Health
Financial Health criteria checks 4/6
PrimeEnergy Resources has a total shareholder equity of $203.8M and total debt of $3.0M, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are $345.6M and $141.8M respectively. PrimeEnergy Resources's EBIT is $70.4M making its interest coverage ratio 62.6. It has cash and short-term investments of $1.6M.
Key information
1.5%
Debt to equity ratio
US$3.00m
Debt
| Interest coverage ratio | 62.6x |
| Cash | US$1.58m |
| Equity | US$203.84m |
| Total liabilities | US$141.75m |
| Total assets | US$345.59m |
Recent financial health updates
Recent updates
PrimeEnergy Resources Corporation (NASDAQ:PNRG) Stock Catapults 27% Though Its Price And Business Still Lag The Market
Nov 29
We Think PrimeEnergy Resources (NASDAQ:PNRG) Might Have The DNA Of A Multi-Bagger
Nov 07Investors Still Aren't Entirely Convinced By PrimeEnergy Resources Corporation's (NASDAQ:PNRG) Earnings Despite 26% Price Jump
Oct 10Solid Earnings May Not Tell The Whole Story For PrimeEnergy Resources (NASDAQ:PNRG)
Aug 21Returns On Capital Are A Standout For PrimeEnergy Resources (NASDAQ:PNRG)
Apr 13PrimeEnergy Resources GAAP EPS of $4.02, revenue of $35.7M
Aug 19Is PrimeEnergy Resources (NASDAQ:PNRG) Using Too Much Debt?
Mar 15PrimeEnergy Resources reports Q3 results
Nov 25Financial Position Analysis
Short Term Liabilities: PNRG's short term assets ($37.0M) do not cover its short term liabilities ($68.0M).
Long Term Liabilities: PNRG's short term assets ($37.0M) do not cover its long term liabilities ($73.7M).
Debt to Equity History and Analysis
Debt Level: PNRG's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: PNRG's debt to equity ratio has reduced from 57.5% to 1.5% over the past 5 years.
Debt Coverage: PNRG's debt is well covered by operating cash flow (4343.1%).
Interest Coverage: PNRG's interest payments on its debt are well covered by EBIT (62.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 23:26 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
PrimeEnergy Resources Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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