Plus Tech Innovation Balance Sheet Health
Financial Health criteria checks 4/6
Plus Tech Innovation has a total shareholder equity of THB892.7M and total debt of THB354.1M, which brings its debt-to-equity ratio to 39.7%. Its total assets and total liabilities are THB1.8B and THB880.1M respectively.
Key information
39.7%
Debt to equity ratio
฿354.06m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿29.48m |
| Equity | ฿892.70m |
| Total liabilities | ฿880.07m |
| Total assets | ฿1.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTECH's short term assets (THB367.9M) do not cover its short term liabilities (THB770.8M).
Long Term Liabilities: PTECH's short term assets (THB367.9M) exceed its long term liabilities (THB109.3M).
Debt to Equity History and Analysis
Debt Level: PTECH's net debt to equity ratio (36.4%) is considered satisfactory.
Reducing Debt: PTECH's debt to equity ratio has reduced from 44.7% to 39.7% over the past 5 years.
Debt Coverage: PTECH's debt is well covered by operating cash flow (123.6%).
Interest Coverage: Insufficient data to determine if PTECH's interest payments on its debt are well covered by EBIT.