Project Planning Service Balance Sheet Health
Financial Health criteria checks 3/6
Project Planning Service has a total shareholder equity of THB307.7M and total debt of THB173.8M, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are THB597.9M and THB290.2M respectively. Project Planning Service's EBIT is THB14.8M making its interest coverage ratio -4.4. It has cash and short-term investments of THB45.2M.
Key information
56.5%
Debt to equity ratio
฿173.79m
Debt
| Interest coverage ratio | -4.4x |
| Cash | ฿45.15m |
| Equity | ฿307.74m |
| Total liabilities | ฿290.19m |
| Total assets | ฿597.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPS's short term assets (THB289.6M) exceed its short term liabilities (THB108.9M).
Long Term Liabilities: PPS's short term assets (THB289.6M) exceed its long term liabilities (THB181.3M).
Debt to Equity History and Analysis
Debt Level: PPS's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: PPS's debt to equity ratio has increased from 1% to 56.5% 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.