Pan Asia Footwear Balance Sheet Health
Financial Health criteria checks 3/6
Pan Asia Footwear has a total shareholder equity of THB627.5M and total debt of THB157.6M, which brings its debt-to-equity ratio to 25.1%. Its total assets and total liabilities are THB1.1B and THB449.8M respectively.
Key information
25.1%
Debt to equity ratio
฿157.62m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿113.87m |
| Equity | ฿627.48m |
| Total liabilities | ฿449.75m |
| Total assets | ฿1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PAF-R's short term assets (THB499.9M) exceed its short term liabilities (THB331.0M).
Long Term Liabilities: PAF-R's short term assets (THB499.9M) exceed its long term liabilities (THB118.8M).
Debt to Equity History and Analysis
Debt Level: PAF-R's net debt to equity ratio (7%) is considered satisfactory.
Reducing Debt: PAF-R's debt to equity ratio has increased from 22.9% to 25.1% over the past 5 years.
Debt Coverage: PAF-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PAF-R's interest payments on its debt are well covered by EBIT.