New Plus Knitting Balance Sheet Health
Financial Health criteria checks 4/6
New Plus Knitting has a total shareholder equity of THB427.0M and total debt of THB28.3M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are THB512.8M and THB85.7M respectively.
Key information
6.6%
Debt to equity ratio
฿28.26m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿77.82m |
| Equity | ฿427.02m |
| Total liabilities | ฿85.75m |
| Total assets | ฿512.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NPK's short term assets (THB200.6M) exceed its short term liabilities (THB45.1M).
Long Term Liabilities: NPK's short term assets (THB200.6M) exceed its long term liabilities (THB40.7M).
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 1.5% to 6.6% over the past 5 years.
Debt Coverage: NPK's debt is well covered by operating cash flow (44.9%).
Interest Coverage: Insufficient data to determine if NPK's interest payments on its debt are well covered by EBIT.