Perimeter Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Perimeter Solutions has a total shareholder equity of $1.1B and total debt of $777.8M, which brings its debt-to-equity ratio to 72.3%. Its total assets and total liabilities are $2.3B and $1.2B respectively. Perimeter Solutions's EBIT is $29.1M making its interest coverage ratio 0.7. It has cash and short-term investments of $43.2M.
Key information
72.3%
Debt to equity ratio
US$777.81m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$43.16m |
| Equity | US$1.08b |
| Total liabilities | US$1.25b |
| Total assets | US$2.32b |
Recent financial health updates
Is Perimeter Solutions (NYSE:PRM) Using Too Much Debt?
Aug 26
Is Perimeter Solutions (NYSE:PRM) Using Too Much Debt?
May 08Recent updates
Is Perimeter Solutions (NYSE:PRM) Using Too Much Debt?
Aug 26Perimeter Solutions, SA (NYSE:PRM) Not Lagging Industry On Growth Or Pricing
Jul 22Is Perimeter Solutions (NYSE:PRM) Using Too Much Debt?
May 08Ensemble Capital - Perimeter Solutions: Doing Truly Difficult And Important Things Really Well
Apr 20Perimeter Solutions, SA's (NYSE:PRM) P/S Is Still On The Mark Following 26% Share Price Bounce
Feb 15Is It Time To Consider Buying Perimeter Solutions, SA (NYSE:PRM)?
Feb 12Perimeter Solutions' (NYSE:PRM) Earnings Offer More Than Meets The Eye
Nov 20Perimeter Solutions, SA (NYSE:PRM) Stocks Shoot Up 30% But Its P/S Still Looks Reasonable
Nov 19Is It Time To Consider Buying Perimeter Solutions, SA (NYSE:PRM)?
Nov 14Time To Worry? Analysts Just Downgraded Their Perimeter Solutions, SA (NYSE:PRM) Outlook
Aug 05Tourlite Capital - Perimeter Solutions: Checks All Our Boxes For An Investment
Feb 18Perimeter Solutions: Results Likely To Suffer From Benign California Fire Season
Nov 01Perimeter Solutions GAAP EPS of $0.04 misses by $0.02, revenue of $101M misses by $4.22M
Aug 05Perimeter Solutions: A Wide-Moat Company In A Life-Saving Niche
Apr 04Perimeter Solutions: An Overlooked SPAC
Feb 15Financial Position Analysis
Short Term Liabilities: PRM's short term assets ($295.3M) exceed its short term liabilities ($81.9M).
Long Term Liabilities: PRM's short term assets ($295.3M) do not cover its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: PRM's net debt to equity ratio (68.3%) is considered high.
Reducing Debt: Insufficient data to determine if PRM's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PRM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PRM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 23.2% per year.