Prosper Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Prosper Engineering has a total shareholder equity of THB223.2M and total debt of THB295.5M, which brings its debt-to-equity ratio to 132.4%. Its total assets and total liabilities are THB1.1B and THB843.6M respectively. Prosper Engineering's EBIT is THB40.8M making its interest coverage ratio 4. It has cash and short-term investments of THB15.7M.
Key information
132.4%
Debt to equity ratio
฿295.47m
Debt
| Interest coverage ratio | 4x |
| Cash | ฿15.71m |
| Equity | ฿223.17m |
| Total liabilities | ฿843.63m |
| Total assets | ฿1.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROS's short term assets (THB772.8M) do not cover its short term liabilities (THB819.5M).
Long Term Liabilities: PROS's short term assets (THB772.8M) exceed its long term liabilities (THB24.2M).
Debt to Equity History and Analysis
Debt Level: PROS's net debt to equity ratio (125.4%) is considered high.
Reducing Debt: PROS's debt to equity ratio has increased from 22.9% to 132.4% over the past 5 years.
Debt Coverage: PROS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PROS's interest payments on its debt are well covered by EBIT (4x coverage).