Project Planning Service Balance Sheet Health
Financial Health criteria checks 3/6
Project Planning Service has a total shareholder equity of THB296.8M and total debt of THB183.5M, which brings its debt-to-equity ratio to 61.8%. Its total assets and total liabilities are THB594.4M and THB297.6M respectively. Project Planning Service's EBIT is THB7.4M making its interest coverage ratio -1.8. It has cash and short-term investments of THB43.7M.
Key information
61.8%
Debt to equity ratio
฿183.49m
Debt
| Interest coverage ratio | -1.8x |
| Cash | ฿43.69m |
| Equity | ฿296.82m |
| Total liabilities | ฿297.60m |
| Total assets | ฿594.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPS-R's short term assets (THB295.2M) exceed its short term liabilities (THB108.8M).
Long Term Liabilities: PPS-R's short term assets (THB295.2M) exceed its long term liabilities (THB188.8M).
Debt to Equity History and Analysis
Debt Level: PPS-R's net debt to equity ratio (47.1%) is considered high.
Reducing Debt: PPS-R's debt to equity ratio has increased from 0.1% to 61.8% over the past 5 years.
Debt Coverage: PPS-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PPS-R earns more interest than it pays, so coverage of interest payments is not a concern.