Project Planning Service Public Company Limited

SET:PPS Stock Report

Market Cap: ฿180.6m

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's short term assets (THB295.2M) exceed its short term liabilities (THB108.8M).

Long Term Liabilities: PPS's short term assets (THB295.2M) exceed its long term liabilities (THB188.8M).


Debt to Equity History and Analysis

Debt Level: PPS's net debt to equity ratio (47.1%) is considered high.

Reducing Debt: PPS's debt to equity ratio has increased from 0.1% to 61.8% over the past 5 years.

Debt Coverage: PPS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: PPS earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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