Project Planning Service Balance Sheet Health
Financial Health criteria checks 4/6
Project Planning Service has a total shareholder equity of THB311.1M and total debt of THB179.3M, which brings its debt-to-equity ratio to 57.6%. Its total assets and total liabilities are THB617.6M and THB306.5M respectively. Project Planning Service's EBIT is THB18.9M making its interest coverage ratio -6.6. It has cash and short-term investments of THB58.9M.
Key information
57.6%
Debt to equity ratio
฿179.31m
Debt
| Interest coverage ratio | -6.6x |
| Cash | ฿58.91m |
| Equity | ฿311.11m |
| Total liabilities | ฿306.50m |
| Total assets | ฿617.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPS-R's short term assets (THB307.3M) exceed its short term liabilities (THB239.5M).
Long Term Liabilities: PPS-R's short term assets (THB307.3M) exceed its long term liabilities (THB67.0M).
Debt to Equity History and Analysis
Debt Level: PPS-R's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: PPS-R's debt to equity ratio has increased from 1.1% to 57.6% 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.