Power Line Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Power Line Engineering has a total shareholder equity of THB2.5B and total debt of THB6.3B, which brings its debt-to-equity ratio to 254.5%. Its total assets and total liabilities are THB15.9B and THB13.5B respectively. Power Line Engineering's EBIT is THB529.3M making its interest coverage ratio 1.7. It has cash and short-term investments of THB152.9M.
Key information
254.5%
Debt to equity ratio
฿6.26b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ฿152.86m |
| Equity | ฿2.46b |
| Total liabilities | ฿13.48b |
| Total assets | ฿15.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLE's short term assets (THB13.4B) exceed its short term liabilities (THB12.8B).
Long Term Liabilities: PLE's short term assets (THB13.4B) exceed its long term liabilities (THB646.9M).
Debt to Equity History and Analysis
Debt Level: PLE's net debt to equity ratio (248.3%) is considered high.
Reducing Debt: PLE's debt to equity ratio has increased from 96.9% to 254.5% over the past 5 years.
Debt Coverage: PLE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PLE's interest payments on its debt are not well covered by EBIT (1.7x coverage).