President Automobile Industries Balance Sheet Health
Financial Health criteria checks 6/6
President Automobile Industries has a total shareholder equity of THB1.1B and total debt of THB99.9M, which brings its debt-to-equity ratio to 9.4%. Its total assets and total liabilities are THB1.3B and THB264.6M respectively. President Automobile Industries's EBIT is THB166.9M making its interest coverage ratio 17.1. It has cash and short-term investments of THB173.2M.
Key information
9.4%
Debt to equity ratio
฿99.95m
Debt
| Interest coverage ratio | 17.1x |
| Cash | ฿173.15m |
| Equity | ฿1.06b |
| Total liabilities | ฿264.63m |
| Total assets | ฿1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PACO's short term assets (THB852.7M) exceed its short term liabilities (THB202.8M).
Long Term Liabilities: PACO's short term assets (THB852.7M) exceed its long term liabilities (THB61.9M).
Debt to Equity History and Analysis
Debt Level: PACO has more cash than its total debt.
Reducing Debt: PACO's debt to equity ratio has reduced from 48% to 9.4% over the past 5 years.
Debt Coverage: PACO's debt is well covered by operating cash flow (315.4%).
Interest Coverage: PACO's interest payments on its debt are well covered by EBIT (17.1x coverage).