Pranda Jewelry Balance Sheet Health
Financial Health criteria checks 5/6
Pranda Jewelry has a total shareholder equity of THB2.3B and total debt of THB765.1M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are THB3.9B and THB1.6B respectively. Pranda Jewelry's EBIT is THB116.2M making its interest coverage ratio 3.7. It has cash and short-term investments of THB247.7M.
Key information
33.7%
Debt to equity ratio
฿765.05m
Debt
| Interest coverage ratio | 3.7x |
| Cash | ฿247.67m |
| Equity | ฿2.27b |
| Total liabilities | ฿1.64b |
| Total assets | ฿3.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDJ-R's short term assets (THB2.6B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: PDJ-R's short term assets (THB2.6B) exceed its long term liabilities (THB289.3M).
Debt to Equity History and Analysis
Debt Level: PDJ-R's net debt to equity ratio (22.8%) is considered satisfactory.
Reducing Debt: PDJ-R's debt to equity ratio has increased from 30.2% to 33.7% over the past 5 years.
Debt Coverage: PDJ-R's debt is well covered by operating cash flow (31.2%).
Interest Coverage: PDJ-R's interest payments on its debt are well covered by EBIT (3.7x coverage).