PTT Global Chemical Public Company Limited

DB:GCB Stock Report

Market Cap: €3.2b

PTT Global Chemical Balance Sheet Health

Financial Health criteria checks 1/6

PTT Global Chemical has a total shareholder equity of THB267.3B and total debt of THB244.3B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are THB658.1B and THB390.8B respectively. PTT Global Chemical's EBIT is THB3.2B making its interest coverage ratio 0.3. It has cash and short-term investments of THB26.1B.

Key information

91.4%

Debt to equity ratio

฿244.28b

Debt

Interest coverage ratio0.3x
Cash฿26.13b
Equity฿267.30b
Total liabilities฿390.83b
Total assets฿658.13b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: GCB's short term assets (THB162.6B) exceed its short term liabilities (THB129.1B).

Long Term Liabilities: GCB's short term assets (THB162.6B) do not cover its long term liabilities (THB261.7B).


Debt to Equity History and Analysis

Debt Level: GCB's net debt to equity ratio (81.6%) is considered high.

Reducing Debt: GCB's debt to equity ratio has increased from 36.5% to 91.4% over the past 5 years.

Debt Coverage: GCB's debt is not well covered by operating cash flow (9.4%).

Interest Coverage: GCB's interest payments on its debt are not well covered by EBIT (0.3x coverage).


Balance Sheet


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