Premier Balance Sheet Health
Financial Health criteria checks 6/6
Premier has a total shareholder equity of $2.4B and total debt of $152.6M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are $3.8B and $1.4B respectively. Premier's EBIT is $360.6M making its interest coverage ratio 83. It has cash and short-term investments of $371.1M.
Key information
6.4%
Debt to equity ratio
US$152.60m
Debt
| Interest coverage ratio | 83x |
| Cash | US$371.11m |
| Equity | US$2.39b |
| Total liabilities | US$1.44b |
| Total assets | US$3.83b |
Recent financial health updates
Is Premier (NASDAQ:PINC) A Risky Investment?
Feb 04
Here's Why Premier (NASDAQ:PINC) Can Manage Its Debt Responsibly
Jun 16Is Premier (NASDAQ:PINC) Using Too Much Debt?
Mar 12Premier (NASDAQ:PINC) Seems To Use Debt Quite Sensibly
Nov 21These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
Jul 29These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
Apr 29Recent updates
Premier's (NASDAQ:PINC) Conservative Accounting Might Explain Soft Earnings
Feb 13Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Feb 06Is Premier (NASDAQ:PINC) A Risky Investment?
Feb 04Premier: SaaS Healthcare Products And M&A Imply Undervaluation
Jan 17We Discuss Why Premier, Inc.'s (NASDAQ:PINC) CEO Compensation May Be Closely Reviewed
Nov 25Premier (NASDAQ:PINC) Is Due To Pay A Dividend Of $0.21
Nov 15Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Oct 31Here's Why Premier (NASDAQ:PINC) Can Manage Its Debt Responsibly
Jun 16Some Investors May Be Worried About Premier's (NASDAQ:PINC) Returns On Capital
May 22Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
May 02Is Premier (NASDAQ:PINC) Using Too Much Debt?
Mar 12Premier, Inc.'s (NASDAQ:PINC) Intrinsic Value Is Potentially 41% Above Its Share Price
Feb 21Premier's (NASDAQ:PINC) Returns On Capital Not Reflecting Well On The Business
Feb 01Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Feb 01Premier (NASDAQ:PINC) Seems To Use Debt Quite Sensibly
Nov 21Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Oct 25An Intrinsic Calculation For Premier, Inc. (NASDAQ:PINC) Suggests It's 46% Undervalued
Oct 19Some Investors May Be Worried About Premier's (NASDAQ:PINC) Returns On Capital
Oct 01Premier (NASDAQ:PINC) Will Pay A Larger Dividend Than Last Year At $0.21
Aug 23Premier Non-GAAP EPS of $0.61 beats by $0.01, revenue of $340.71M beats by $7.83M, issues FY23 guidance
Aug 16Premier (NASDAQ:PINC) Has Announced That It Will Be Increasing Its Dividend To $0.21
Aug 09These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
Jul 29TruMed Systems awarded group purchasing agreement with Premier
Jul 25Premier Inc. gains on report of takeover interest
Jul 06Premier (NASDAQ:PINC) Will Want To Turn Around Its Return Trends
Jun 17Premier: 10 Years Of Consolidation, Now With 2% Yield
May 06These 4 Measures Indicate That Premier (NASDAQ:PINC) Is Using Debt Reasonably Well
Apr 29Results: Premier, Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Feb 03Is Premier, Inc. (NASDAQ:PINC) Trading At A 31% Discount?
Jan 28Is Premier (NASDAQ:PINC) Using Too Much Debt?
Nov 17Premier's (NASDAQ:PINC) Dividend Will Be Increased To US$0.20
Oct 25Financial Position Analysis
Short Term Liabilities: PINC's short term assets ($990.3M) exceed its short term liabilities ($693.7M).
Long Term Liabilities: PINC's short term assets ($990.3M) exceed its long term liabilities ($748.6M).
Debt to Equity History and Analysis
Debt Level: PINC has more cash than its total debt.
Reducing Debt: PINC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: PINC's debt is well covered by operating cash flow (185.6%).
Interest Coverage: PINC's interest payments on its debt are well covered by EBIT (83x coverage).