TPI Polene Balance Sheet Health
Financial Health criteria checks 2/6
TPI Polene has a total shareholder equity of THB64.6B and total debt of THB84.8B, which brings its debt-to-equity ratio to 131.2%. Its total assets and total liabilities are THB163.4B and THB98.8B respectively. TPI Polene's EBIT is THB6.2B making its interest coverage ratio 3.6. It has cash and short-term investments of THB18.3B.
Key information
131.2%
Debt to equity ratio
฿84.81b
Debt
| Interest coverage ratio | 3.6x |
| Cash | ฿18.31b |
| Equity | ฿64.63b |
| Total liabilities | ฿98.79b |
| Total assets | ฿163.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NVP6's short term assets (THB45.9B) exceed its short term liabilities (THB33.3B).
Long Term Liabilities: NVP6's short term assets (THB45.9B) do not cover its long term liabilities (THB65.5B).
Debt to Equity History and Analysis
Debt Level: NVP6's net debt to equity ratio (102.9%) is considered high.
Reducing Debt: NVP6's debt to equity ratio has increased from 99.1% to 131.2% over the past 5 years.
Debt Coverage: NVP6's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: NVP6's interest payments on its debt are well covered by EBIT (3.6x coverage).