Pioneer Motor Balance Sheet Health
Financial Health criteria checks 6/6
Pioneer Motor has a total shareholder equity of THB1.1B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.4B and THB305.9M respectively. Pioneer Motor's EBIT is THB102.1M making its interest coverage ratio 514.3. It has cash and short-term investments of THB310.6M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 514.3x |
Cash | ฿310.55m |
Equity | ฿1.07b |
Total liabilities | ฿305.93m |
Total assets | ฿1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIMO-R's short term assets (THB936.4M) exceed its short term liabilities (THB255.7M).
Long Term Liabilities: PIMO-R's short term assets (THB936.4M) exceed its long term liabilities (THB50.3M).
Debt to Equity History and Analysis
Debt Level: PIMO-R is debt free.
Reducing Debt: PIMO-R has no debt compared to 5 years ago when its debt to equity ratio was 7%.
Debt Coverage: PIMO-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PIMO-R has no debt, therefore coverage of interest payments is not a concern.