Porn Prom Metal Balance Sheet Health
Financial Health criteria checks 5/6
Porn Prom Metal has a total shareholder equity of THB1.1B and total debt of THB652.3M, which brings its debt-to-equity ratio to 56.7%. Its total assets and total liabilities are THB2.1B and THB994.9M respectively. Porn Prom Metal's EBIT is THB214.7M making its interest coverage ratio 6.6. It has cash and short-term investments of THB136.0M.
Key information
56.7%
Debt to equity ratio
฿652.34m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ฿136.04m |
| Equity | ฿1.15b |
| Total liabilities | ฿994.91m |
| Total assets | ฿2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPM-R's short term assets (THB1.1B) exceed its short term liabilities (THB763.3M).
Long Term Liabilities: PPM-R's short term assets (THB1.1B) exceed its long term liabilities (THB231.6M).
Debt to Equity History and Analysis
Debt Level: PPM-R's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: PPM-R's debt to equity ratio has reduced from 73.5% to 56.7% over the past 5 years.
Debt Coverage: PPM-R's debt is well covered by operating cash flow (34.4%).
Interest Coverage: PPM-R's interest payments on its debt are well covered by EBIT (6.6x coverage).