President Automobile Industries Balance Sheet Health
Financial Health criteria checks 5/6
President Automobile Industries has a total shareholder equity of THB933.8M and total debt of THB332.7M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are THB1.4B and THB480.8M respectively. President Automobile Industries's EBIT is THB85.8M making its interest coverage ratio 13.6. It has cash and short-term investments of THB105.4M.
Key information
35.6%
Debt to equity ratio
฿332.66m
Debt
| Interest coverage ratio | 13.6x |
| Cash | ฿105.42m |
| Equity | ฿933.81m |
| Total liabilities | ฿480.77m |
| Total assets | ฿1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PACO-F's short term assets (THB889.4M) exceed its short term liabilities (THB307.1M).
Long Term Liabilities: PACO-F's short term assets (THB889.4M) exceed its long term liabilities (THB173.6M).
Debt to Equity History and Analysis
Debt Level: PACO-F's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: PACO-F's debt to equity ratio has reduced from 47.6% to 35.6% over the past 5 years.
Debt Coverage: PACO-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PACO-F's interest payments on its debt are well covered by EBIT (13.6x coverage).