Primega Group Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Primega Group Holdings has a total shareholder equity of $4.3M and total debt of $1.4M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are $13.4M and $9.1M respectively. Primega Group Holdings's EBIT is $1.4M making its interest coverage ratio 6.8. It has cash and short-term investments of $489.4K.
Key information
32.6%
Debt to equity ratio
US$1.40m
Debt
| Interest coverage ratio | 6.8x |
| Cash | US$489.44k |
| Equity | US$4.29m |
| Total liabilities | US$9.08m |
| Total assets | US$13.37m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PGHL's short term assets ($7.8M) exceed its short term liabilities ($5.5M).
Long Term Liabilities: PGHL's short term assets ($7.8M) exceed its long term liabilities ($3.6M).
Debt to Equity History and Analysis
Debt Level: PGHL's net debt to equity ratio (21.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PGHL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PGHL's debt is well covered by operating cash flow (171.3%).
Interest Coverage: PGHL's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 09:00 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2024/03/31 |
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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Primega Group Holdings Limited is covered by 0 analysts. 0 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 |
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