Panelesmatic Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Panelesmatic Solutions has a total shareholder equity of THB91.9M and total debt of THB29.4M, which brings its debt-to-equity ratio to 32%. Its total assets and total liabilities are THB146.6M and THB54.7M respectively. Panelesmatic Solutions's EBIT is THB23.5M making its interest coverage ratio 32.5. It has cash and short-term investments of THB15.0M.
Key information
32.0%
Debt to equity ratio
฿29.37m
Debt
| Interest coverage ratio | 32.5x |
| Cash | ฿15.00m |
| Equity | ฿91.89m |
| Total liabilities | ฿54.72m |
| Total assets | ฿146.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PANEL's short term assets (THB52.0M) exceed its short term liabilities (THB24.2M).
Long Term Liabilities: PANEL's short term assets (THB52.0M) exceed its long term liabilities (THB30.5M).
Debt to Equity History and Analysis
Debt Level: PANEL's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PANEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PANEL's debt is well covered by operating cash flow (106.4%).
Interest Coverage: PANEL's interest payments on its debt are well covered by EBIT (32.5x coverage).