President Automobile Industries Balance Sheet Health
Financial Health criteria checks 6/6
President Automobile Industries has a total shareholder equity of THB1.0B and total debt of THB200.7M, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are THB1.4B and THB354.5M respectively. President Automobile Industries's EBIT is THB102.1M making its interest coverage ratio 8.1. It has cash and short-term investments of THB115.8M.
Key information
19.9%
Debt to equity ratio
฿200.71m
Debt
Interest coverage ratio | 8.1x |
Cash | ฿115.81m |
Equity | ฿1.01b |
Total liabilities | ฿354.54m |
Total assets | ฿1.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PACO's short term assets (THB868.8M) exceed its short term liabilities (THB255.0M).
Long Term Liabilities: PACO's short term assets (THB868.8M) exceed its long term liabilities (THB99.5M).
Debt to Equity History and Analysis
Debt Level: PACO's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: PACO's debt to equity ratio has reduced from 55.9% to 19.9% over the past 5 years.
Debt Coverage: PACO's debt is well covered by operating cash flow (83.2%).
Interest Coverage: PACO's interest payments on its debt are well covered by EBIT (8.1x coverage).