Power Line Engineering Balance Sheet Health
Financial Health criteria checks 3/6
Power Line Engineering has a total shareholder equity of THB1.9B and total debt of THB5.8B, which brings its debt-to-equity ratio to 299.9%. Its total assets and total liabilities are THB14.8B and THB12.9B respectively.
Key information
299.9%
Debt to equity ratio
฿5.81b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿70.93m |
| Equity | ฿1.94b |
| Total liabilities | ฿12.91b |
| Total assets | ฿14.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLE's short term assets (THB11.9B) do not cover its short term liabilities (THB12.1B).
Long Term Liabilities: PLE's short term assets (THB11.9B) exceed its long term liabilities (THB776.0M).
Debt to Equity History and Analysis
Debt Level: PLE's net debt to equity ratio (296.2%) is considered high.
Reducing Debt: PLE's debt to equity ratio has increased from 117.6% to 299.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable PLE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PLE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.3% per year.