New Plus Knitting Balance Sheet Health
Financial Health criteria checks 4/6
New Plus Knitting has a total shareholder equity of THB430.1M and total debt of THB24.1M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are THB511.0M and THB80.9M respectively.
Key information
5.6%
Debt to equity ratio
฿24.10m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿78.69m |
| Equity | ฿430.11m |
| Total liabilities | ฿80.86m |
| Total assets | ฿510.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPK's short term assets (THB199.8M) exceed its short term liabilities (THB40.0M).
Long Term Liabilities: NPK's short term assets (THB199.8M) exceed its long term liabilities (THB40.8M).
Debt to Equity History and Analysis
Debt Level: NPK has more cash than its total debt.
Reducing Debt: NPK's debt to equity ratio has increased from 0.6% to 5.6% over the past 5 years.
Debt Coverage: NPK's debt is well covered by operating cash flow (42.7%).
Interest Coverage: Insufficient data to determine if NPK's interest payments on its debt are well covered by EBIT.