Prosper Engineering Balance Sheet Health
Financial Health criteria checks 2/6
Prosper Engineering has a total shareholder equity of THB225.3M and total debt of THB297.4M, which brings its debt-to-equity ratio to 132%. Its total assets and total liabilities are THB1.1B and THB911.2M respectively. Prosper Engineering's EBIT is THB45.2M making its interest coverage ratio 3.8. It has cash and short-term investments of THB36.1M.
Key information
132.0%
Debt to equity ratio
฿297.42m
Debt
| Interest coverage ratio | 3.8x |
| Cash | ฿36.14m |
| Equity | ฿225.26m |
| Total liabilities | ฿911.15m |
| Total assets | ฿1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROS's short term assets (THB854.9M) do not cover its short term liabilities (THB886.8M).
Long Term Liabilities: PROS's short term assets (THB854.9M) exceed its long term liabilities (THB24.3M).
Debt to Equity History and Analysis
Debt Level: PROS's net debt to equity ratio (116%) is considered high.
Reducing Debt: PROS's debt to equity ratio has increased from 15.6% to 132% 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 (3.8x coverage).