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PINC (Premier) Debt-to-Equity : 0.09 (As of Dec. 2024)


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What is Premier Debt-to-Equity?

Premier's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $151 Mil. Premier's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $5 Mil. Premier's Total Stockholders Equity for the quarter that ended in Dec. 2024 was $1,718 Mil. Premier's debt to equity for the quarter that ended in Dec. 2024 was 0.09.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Premier's Debt-to-Equity or its related term are showing as below:

PINC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.56   Med: 0.02   Max: 2.23
Current: 0.09

During the past 13 years, the highest Debt-to-Equity Ratio of Premier was 2.23. The lowest was -0.56. And the median was 0.02.

PINC's Debt-to-Equity is ranked better than
80.39% of 561 companies
in the Healthcare Providers & Services industry
Industry Median: 0.44 vs PINC: 0.09

Premier Debt-to-Equity Historical Data

The historical data trend for Premier's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Premier Debt-to-Equity Chart

Premier Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.23 0.22 0.19 0.06

Premier Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.06 0.04 0.09

Competitive Comparison of Premier's Debt-to-Equity

For the Health Information Services subindustry, Premier's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Premier's Debt-to-Equity Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Premier's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Premier's Debt-to-Equity falls into.


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Premier Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Premier's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 is calculated as

Premier's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Premier  (NAS:PINC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Premier Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Premier's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Premier Business Description

Traded in Other Exchanges
N/A
Address
13034 Ballantyne Corporate Place, Charlotte, NC, USA, 28277
Premier Inc is a Charlotte, North Carolina-based technology-driven healthcare improvement company, uniting an alliance of United States (U.S.) hospitals, health systems, and other providers and organizations to transform healthcare. The company's revenue is all sourced domestically and is reported in two business segments: the supply chain services and the consulting and technology platform of performance services. It generates the majority of its revenue from the supply chain services segment.
Executives
David L Klatsky officer: General Counsel C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
John T. Bigalke director C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Helen M Boudreau director 200 TECHNOLOGY SQUARE, 4TH FLOOR, CAMBRIDGE MA 02139
Leigh Anderson officer: SVP, Chief Information Officer C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Michael J. Alkire officer: Chief Operating Officer C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Craig S. Mckasson officer: Senior VP & CFO C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andy Brailo officer: Chief Commercial Officer 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Jody R Davids director C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning officer: Chief Human Resource Officer C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Crystal Climer officer: Chief Accounting Officer PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
David Alfred Hargraves officer: SVP, Supply Chain C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Lindsay A Powers officer: Sr. VP of People C/O PREMIER, INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Stephen R. D'arcy director 20 BURTON HILLS BOULEVARD, SUITE 100, NASHVILLE TN 37215
William E Mayer director C/O LEE ENTERPRISES INC, 201 N. HARRISON ST., STE. 600, DAVENPORT IA 52801
Kelli L. Price officer: Sr. VP of People C/O PREMIER INC., 13034 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277