Premier Balance Sheet Health
Financial Health criteria checks 4/6
Premier has a total shareholder equity of $1.7B and total debt of $151.0M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are $3.1B and $1.4B respectively. Premier's EBIT is $224.0M making its interest coverage ratio -18.9. It has cash and short-term investments of $85.9M.
Key information
8.8%
Debt to equity ratio
US$150.99m
Debt
| Interest coverage ratio | -18.9x |
| Cash | US$85.85m |
| Equity | US$1.72b |
| Total liabilities | US$1.42b |
| Total assets | US$3.14b |
Recent financial health updates
Does Premier (NASDAQ:PINC) Have A Healthy Balance Sheet?
Jan 29
Is Premier (NASDAQ:PINC) A Risky Investment?
Oct 21Is Premier (NASDAQ:PINC) A Risky Investment?
Feb 04Recent updates
Premier (NASDAQ:PINC) Has Announced A Dividend Of $0.21
Feb 04Does Premier (NASDAQ:PINC) Have A Healthy Balance Sheet?
Jan 29Premier, Inc.'s (NASDAQ:PINC) Price Is Right But Growth Is Lacking
Jan 02Premier'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 31Financial Position Analysis
Short Term Liabilities: PINC's short term assets ($608.4M) do not cover its short term liabilities ($732.6M).
Long Term Liabilities: PINC's short term assets ($608.4M) do not cover its long term liabilities ($691.8M).
Debt to Equity History and Analysis
Debt Level: PINC's net debt to equity ratio (3.8%) is considered satisfactory.
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 (291.7%).
Interest Coverage: PINC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/22 12:15 |
| End of Day Share Price | 2025/02/21 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Premier, Inc. is covered by 33 analysts. 8 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 |
|---|---|
| Richard Close | Avondale Partners |
| Eric Coldwell | Baird |
| Steven Valiquette | Barclays |