Premier Products Balance Sheet Health
Financial Health criteria checks 4/6
Premier Products has a total shareholder equity of THB900.6M and total debt of THB105.0M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are THB1.3B and THB410.9M respectively. Premier Products's EBIT is THB13.5M making its interest coverage ratio 2.7. It has cash and short-term investments of THB15.8M.
Key information
11.7%
Debt to equity ratio
฿105.00m
Debt
Interest coverage ratio | 2.7x |
Cash | ฿15.76m |
Equity | ฿900.59m |
Total liabilities | ฿410.89m |
Total assets | ฿1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPP's short term assets (THB419.6M) exceed its short term liabilities (THB334.2M).
Long Term Liabilities: PPP's short term assets (THB419.6M) exceed its long term liabilities (THB76.6M).
Debt to Equity History and Analysis
Debt Level: PPP's net debt to equity ratio (9.9%) is considered satisfactory.
Reducing Debt: PPP's debt to equity ratio has reduced from 36.6% to 11.7% over the past 5 years.
Debt Coverage: PPP's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: PPP's interest payments on its debt are not well covered by EBIT (2.7x coverage).