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 THB297.2M respectively. Pioneer Motor's EBIT is THB137.9M making its interest coverage ratio 680.2. It has cash and short-term investments of THB57.3M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 680.2x |
| Cash | ฿57.27m |
| Equity | ฿1.08b |
| Total liabilities | ฿297.18m |
| Total assets | ฿1.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PIMO's short term assets (THB948.8M) exceed its short term liabilities (THB246.4M).
Long Term Liabilities: PIMO's short term assets (THB948.8M) exceed its long term liabilities (THB50.8M).
Debt to Equity History and Analysis
Debt Level: PIMO is debt free.
Reducing Debt: PIMO has no debt compared to 5 years ago when its debt to equity ratio was 4.4%.
Debt Coverage: PIMO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PIMO has no debt, therefore coverage of interest payments is not a concern.