Premier Health Financials

PHA Stock  CAD 0.14  0.01  6.67%   
We recommend to use Premier Health fundamental analysis to find out if markets are presently mispricing the firm. Put it differently this technique allows you to confirm available drivers of Premier Health as well as the relationship between them. We were able to interpolate thirty-one available financial ratios for Premier Health, which can be compared to its competitors. The stock experiences a very speculative upward sentiment. Check odds of Premier Health to be traded at C$0.133 in 90 days. Key indicators impacting Premier Health's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio1.561.64
Notably Down
Pretty Stable
Current Ratio3.092.65
Fairly Up
Slightly volatile
  
Understanding current and past Premier Health Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Premier Health's financial statements are interrelated, with each one affecting the others. For example, an increase in Premier Health's assets may result in an increase in income on the income statement.
Please note, the imprecision that can be found in Premier Health's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Premier Health of. Check Premier Health's Beneish M Score to see the likelihood of Premier Health's management manipulating its earnings.

Premier Health Stock Summary

Premier Health competes with Extendicare, Sienna Senior, Chemtrade Logistics, IShares Canadian, and Altagas Cum. Premier Health of America Inc., a specialized healthcare services company, provides staffing and outsourced service solutions for healthcare needs in Canada. It serves governments, corporations, individuals, public and private hospitals, medical clinics, and retirement homes. PREMIER HEALTH operates under Medical Care Facilities classification in Exotistan and is traded on Commodity Exchange.
Foreign Associate
  USA
Specialization
Health Care, Health Care Equipment & Services
InstrumentCanada Stock View All
ExchangeTSX Venture Exchange
ISINCA74052G1063
Business Address1114 Cur-Labelle Boulevard,
SectorHealth Care Providers & Services
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.premierhealthgroup.ca
Phone800 231 9916
CurrencyCAD - Canadian Dollar
You should never invest in Premier Health without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Premier Stock, because this is throwing your money away. Analyzing the key information contained in Premier Health's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Premier Health Key Financial Ratios

There are many critical financial ratios that Premier Health's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Premier Health reports annually and quarterly.

Premier Health Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets8.7M39.1M57.1M56.7M65.2M68.5M
Other Current Liab313.5K1.1M5.2M1.1M1.3M1.2M
Net Tangible Assets147.5K2.6M(2.4M)(8.8M)(7.9M)(7.5M)
Retained Earnings1.5M3.0M2.9M1.0M1.2M1.8M
Accounts Payable624.8K1.1M1.9M3.7M4.2M4.5M
Cash1.2M2.7M5.1M1.1M1.3M1.7M
Net Receivables4.0M10.8M19.3M23.0M26.4M27.8M
Other Current Assets142.9K154.2K146.9K156.7K141.1K134.1K
Total Liab4.9M21.8M38.6M40.3M46.3M48.6M
Net Invested Capital6.4M28.5M40.3M39.9M45.9M48.2M
Total Current Assets5.4M14.6M25.4M26.1M30.0M31.5M
Net Working Capital2.0M8.0M12.8M14.8M17.0M17.8M
Capital Stock1.9M13.5M14.4M14.3M16.4M17.2M

Premier Health Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense199.8K917.6K947.5K2.0M2.3M2.4M
Ebit(284.8K)2.0M3.4M2.3M2.7M1.4M
Income Tax Expense89.6K413.2K1.0M1.4M1.6M1.6M
Net Interest Income(199.8K)(917.6K)(947.5K)(2.0M)(1.8M)(1.7M)
Total Revenue20.7M66.6M80.5M90.4M103.9M109.1M
Operating Income641.0K3.4M2.3M3.3M3.8M4.0M
Income Before Tax441.2K2.5M1.2M(546K)(627.9K)(596.5K)
Net Income27.9K1.5M(111.5K)(1.7M)(1.5M)(1.5M)

Premier Health Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash1.3M1.4M2.4M(4.0M)(3.6M)(3.4M)
Net Borrowings(373.2K)(399.8K)8.5M10.3M11.8M12.4M
Depreciation163.9K2.4M3.4M4.4M5.1M5.4M
Capital Expenditures325.7K1.9M612.6K1.9M2.2M2.3M
Net Income27.9K1.5M(111.5K)(1.7M)(1.5M)(1.5M)
End Period Cash Flow1.2M2.7M5.1M1.1M1.3M1.7M
Change To Netincome9.4K1.2M(92.7K)133.6K153.7K240.0K
Free Cash Flow479.2K24.1K3.4M(3.2M)(2.9M)(2.7M)

Premier Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Premier Health's current stock value. Our valuation model uses many indicators to compare Premier Health value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Premier Health competition to find correlations between indicators driving Premier Health's intrinsic value. More Info.
Premier Health of is considered to be number one stock in return on equity category among its peers. It also is considered to be number one stock in return on asset category among its peers . At this time, Premier Health's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Premier Health's earnings, one of the primary drivers of an investment's value.

Premier Health Systematic Risk

Premier Health's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Premier Health volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Premier Health correlated with the market. If Beta is less than 0 Premier Health generally moves in the opposite direction as compared to the market. If Premier Health Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Premier Health is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Premier Health is generally in the same direction as the market. If Beta > 1 Premier Health moves generally in the same direction as, but more than the movement of the benchmark.

Premier Health of Total Assets Over Time

Premier Health Thematic Clasifications

Premier Health of is part of Health Management investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Healthcare providers, hospitals. Major hospitals and healthcare providers
Health ManagementView
This theme covers Healthcare providers, hospitals. Major hospitals and healthcare providers. Get More Thematic Ideas
Today, most investors in Premier Health Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Premier Health's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Premier Health growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.007773)

At this time, Premier Health's Price Earnings To Growth Ratio is fairly stable compared to the past year.

Premier Health November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Premier Health help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Premier Health of. We use our internally-developed statistical techniques to arrive at the intrinsic value of Premier Health of based on widely used predictive technical indicators. In general, we focus on analyzing Premier Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Premier Health's daily price indicators and compare them against related drivers.

Additional Tools for Premier Stock Analysis

When running Premier Health's price analysis, check to measure Premier Health's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Premier Health is operating at the current time. Most of Premier Health's value examination focuses on studying past and present price action to predict the probability of Premier Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Premier Health's price. Additionally, you may evaluate how the addition of Premier Health to your portfolios can decrease your overall portfolio volatility.