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 THB694.6M, which brings its debt-to-equity ratio to 63.5%. Its total assets and total liabilities are THB2.1B and THB1.0B respectively. Porn Prom Metal's EBIT is THB222.7M making its interest coverage ratio 9. It has cash and short-term investments of THB90.7M.
Key information
63.5%
Debt to equity ratio
฿694.63m
Debt
| Interest coverage ratio | 9x |
| Cash | ฿90.73m |
| Equity | ฿1.09b |
| Total liabilities | ฿1.01b |
| Total assets | ฿2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPM's short term assets (THB1.2B) exceed its short term liabilities (THB800.7M).
Long Term Liabilities: PPM's short term assets (THB1.2B) exceed its long term liabilities (THB212.7M).
Debt to Equity History and Analysis
Debt Level: PPM's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: PPM's debt to equity ratio has reduced from 81.5% to 63.5% over the past 5 years.
Debt Coverage: PPM's debt is well covered by operating cash flow (34.3%).
Interest Coverage: PPM's interest payments on its debt are well covered by EBIT (9x coverage).