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 THB148.5M, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are THB1.3B and THB307.0M respectively. President Automobile Industries's EBIT is THB193.9M making its interest coverage ratio 24.2. It has cash and short-term investments of THB226.2M.
Key information
14.5%
Debt to equity ratio
฿148.52m
Debt
| Interest coverage ratio | 24.2x |
| Cash | ฿226.21m |
| Equity | ฿1.03b |
| Total liabilities | ฿307.03m |
| Total assets | ฿1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PACO's short term assets (THB874.8M) exceed its short term liabilities (THB276.0M).
Long Term Liabilities: PACO's short term assets (THB874.8M) exceed its long term liabilities (THB31.0M).
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 44.2% to 14.5% over the past 5 years.
Debt Coverage: PACO's debt is well covered by operating cash flow (184.5%).
Interest Coverage: PACO's interest payments on its debt are well covered by EBIT (24.2x coverage).