Perficient Balance Sheet Health
Financial Health criteria checks 3/6
Perficient has a total shareholder equity of $530.6M and total debt of $396.9M, which brings its debt-to-equity ratio to 74.8%. Its total assets and total liabilities are $1.1B and $534.0M respectively. Perficient's EBIT is $131.9M making its interest coverage ratio 363.4. It has cash and short-term investments of $128.9M.
Key information
74.8%
Debt to equity ratio
US$396.87m
Debt
Interest coverage ratio | 363.4x |
Cash | US$128.89m |
Equity | US$530.62m |
Total liabilities | US$533.98m |
Total assets | US$1.06b |
Recent financial health updates
Perficient (NASDAQ:PRFT) Seems To Use Debt Quite Sensibly
Mar 28Perficient (NASDAQ:PRFT) Seems To Use Debt Quite Sensibly
Nov 03We Think Perficient (NASDAQ:PRFT) Can Manage Its Debt With Ease
Jun 28Perficient (NASDAQ:PRFT) Has A Rock Solid Balance Sheet
Mar 07Is Perficient (NASDAQ:PRFT) Using Too Much Debt?
Dec 05We Think Perficient (NASDAQ:PRFT) Can Manage Its Debt With Ease
Aug 24Recent updates
Perficient (NASDAQ:PRFT) Seems To Use Debt Quite Sensibly
Mar 28Perficient Hopes For 2nd Half 2024 Client Spending Growth
Mar 05Returns At Perficient (NASDAQ:PRFT) Are On The Way Up
Feb 19Investor Optimism Abounds Perficient, Inc. (NASDAQ:PRFT) But Growth Is Lacking
Feb 07Is It Too Late To Consider Buying Perficient, Inc. (NASDAQ:PRFT)?
Jan 24A Look At The Fair Value Of Perficient, Inc. (NASDAQ:PRFT)
Dec 31Do Perficient's (NASDAQ:PRFT) Earnings Warrant Your Attention?
Dec 04Perficient (NASDAQ:PRFT) Is Looking To Continue Growing Its Returns On Capital
Nov 16Perficient (NASDAQ:PRFT) Seems To Use Debt Quite Sensibly
Nov 03Should You Investigate Perficient, Inc. (NASDAQ:PRFT) At US$55.40?
Oct 21Calculating The Intrinsic Value Of Perficient, Inc. (NASDAQ:PRFT)
Sep 06Investors Will Want Perficient's (NASDAQ:PRFT) Growth In ROCE To Persist
Aug 04Here's Why Perficient (NASDAQ:PRFT) Has Caught The Eye Of Investors
Jul 23Should You Investigate Perficient, Inc. (NASDAQ:PRFT) At US$85.26?
Jul 11We Think Perficient (NASDAQ:PRFT) Can Manage Its Debt With Ease
Jun 28Estimating The Fair Value Of Perficient, Inc. (NASDAQ:PRFT)
May 04Here's Why Perficient (NASDAQ:PRFT) Has Caught The Eye Of Investors
Apr 21Perficient (NASDAQ:PRFT) Is Experiencing Growth In Returns On Capital
Apr 05Is Now An Opportune Moment To Examine Perficient, Inc. (NASDAQ:PRFT)?
Mar 23Perficient (NASDAQ:PRFT) Has A Rock Solid Balance Sheet
Mar 07If EPS Growth Is Important To You, Perficient (NASDAQ:PRFT) Presents An Opportunity
Jan 16Calculating The Fair Value Of Perficient, Inc. (NASDAQ:PRFT)
Jan 04What Does Perficient, Inc.'s (NASDAQ:PRFT) Share Price Indicate?
Dec 20Is Perficient (NASDAQ:PRFT) Using Too Much Debt?
Dec 05Returns At Perficient (NASDAQ:PRFT) Are On The Way Up
Nov 10Do Perficient's (NASDAQ:PRFT) Earnings Warrant Your Attention?
Oct 12Perficient enters multiyear agreement with Dallas Mavericks
Oct 10Perficient: Strong Demand And Acquisition Of Inflection Point
Sep 30Perficient, Inc.'s (NASDAQ:PRFT) Intrinsic Value Is Potentially 85% Above Its Share Price
Sep 30What Is Perficient, Inc.'s (NASDAQ:PRFT) Share Price Doing?
Sep 18Perficient acquires Inflection Point
Sep 07We Think Perficient (NASDAQ:PRFT) Can Manage Its Debt With Ease
Aug 24Perficient (NASDAQ:PRFT) Is Experiencing Growth In Returns On Capital
Aug 05Perficient expands global delivery center locations in India
Jul 20Do Perficient's (NASDAQ:PRFT) Earnings Warrant Your Attention?
Jul 12Perficient, Inc. (NASDAQ:PRFT) Shares Could Be 23% Below Their Intrinsic Value Estimate
Jun 30Perficient: Pocket Rocket
Jun 20At US$86.92, Is Perficient, Inc. (NASDAQ:PRFT) Worth Looking At Closely?
Jun 18Perficient (NASDAQ:PRFT) Could Easily Take On More Debt
May 18Returns On Capital Are Showing Encouraging Signs At Perficient (NASDAQ:PRFT)
May 06Financial Position Analysis
Short Term Liabilities: PRFT's short term assets ($326.0M) exceed its short term liabilities ($78.5M).
Long Term Liabilities: PRFT's short term assets ($326.0M) do not cover its long term liabilities ($455.5M).
Debt to Equity History and Analysis
Debt Level: PRFT's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: PRFT's debt to equity ratio has increased from 33.9% to 74.8% over the past 5 years.
Debt Coverage: PRFT's debt is well covered by operating cash flow (36%).
Interest Coverage: PRFT's interest payments on its debt are well covered by EBIT (363.4x coverage).