Plus Tech Innovation Balance Sheet Health
Financial Health criteria checks 3/6
Plus Tech Innovation has a total shareholder equity of THB1.0B and total debt of THB431.6M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are THB1.9B and THB923.9M respectively.
Key information
42.8%
Debt to equity ratio
฿431.59m
Debt
Interest coverage ratio | n/a |
Cash | ฿23.11m |
Equity | ฿1.01b |
Total liabilities | ฿923.86m |
Total assets | ฿1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTECH-R's short term assets (THB432.3M) do not cover its short term liabilities (THB796.8M).
Long Term Liabilities: PTECH-R's short term assets (THB432.3M) exceed its long term liabilities (THB127.1M).
Debt to Equity History and Analysis
Debt Level: PTECH-R's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: PTECH-R's debt to equity ratio has reduced from 69.8% to 42.8% over the past 5 years.
Debt Coverage: PTECH-R's debt is well covered by operating cash flow (93%).
Interest Coverage: Insufficient data to determine if PTECH-R's interest payments on its debt are well covered by EBIT.