Project Planning Service Balance Sheet Health
Financial Health criteria checks 3/6
Project Planning Service has a total shareholder equity of THB295.8M and total debt of THB185.5M, which brings its debt-to-equity ratio to 62.7%. Its total assets and total liabilities are THB593.6M and THB297.8M respectively. Project Planning Service's EBIT is THB4.6M making its interest coverage ratio -1.2. It has cash and short-term investments of THB31.8M.
Key information
62.7%
Debt to equity ratio
฿185.47m
Debt
| Interest coverage ratio | -1.2x |
| Cash | ฿31.78m |
| Equity | ฿295.77m |
| Total liabilities | ฿297.84m |
| Total assets | ฿593.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPS's short term assets (THB289.3M) exceed its short term liabilities (THB117.8M).
Long Term Liabilities: PPS's short term assets (THB289.3M) exceed its long term liabilities (THB180.1M).
Debt to Equity History and Analysis
Debt Level: PPS's net debt to equity ratio (52%) is considered high.
Reducing Debt: PPS's debt to equity ratio has increased from 0.6% to 62.7% 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.