Premier Balance Sheet Health
Financial Health criteria checks 5/6
Premier has a total shareholder equity of $2.0B and total debt of $76.3M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are $3.3B and $1.4B respectively. Premier's EBIT is $255.5M making its interest coverage ratio 564. It has cash and short-term investments of $87.0M.
Key information
3.9%
Debt to equity ratio
US$76.32m
Debt
| Interest coverage ratio | 564x |
| Cash | US$86.96m |
| Equity | US$1.95b |
| Total liabilities | US$1.36b |
| Total assets | US$3.31b |
Recent financial health updates
Is Premier (NASDAQ:PINC) A Risky Investment?
Oct 21
Is Premier (NASDAQ:PINC) A Risky Investment?
Feb 04Here's Why Premier (NASDAQ:PINC) Can Manage Its Debt Responsibly
Jun 16Is Premier (NASDAQ:PINC) Using Too Much Debt?
Mar 12Recent updates
Premier's (NASDAQ:PINC) Soft Earnings Are Actually Better Than They Appear
Nov 13Premier (NASDAQ:PINC) Is Due To Pay A Dividend Of $0.21
Nov 12Premier, Inc. Just Beat EPS By 355%: Here's What Analysts Think Will Happen Next
Nov 08Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Oct 29Is Premier (NASDAQ:PINC) A Risky Investment?
Oct 21Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
Aug 29Time To Worry? Analysts Are Downgrading Their Premier, Inc. (NASDAQ:PINC) Outlook
Aug 21Premier (NASDAQ:PINC) Is Paying Out A Dividend Of $0.21
Aug 15Premier, Inc. (NASDAQ:PINC) Not Lagging Market On Growth Or Pricing
Jul 21Premier (NASDAQ:PINC) Will Pay A Dividend Of $0.21
May 28Premier's (NASDAQ:PINC) Dividend Will Be $0.21
Apr 30Premier'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 12Financial Position Analysis
Short Term Liabilities: PINC's short term assets ($707.6M) exceed its short term liabilities ($648.5M).
Long Term Liabilities: PINC's short term assets ($707.6M) do not cover its long term liabilities ($710.9M).
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 (369.9%).
Interest Coverage: PINC's interest payments on its debt are well covered by EBIT (564x coverage).