Pranda Jewelry Balance Sheet Health
Financial Health criteria checks 6/6
Pranda Jewelry has a total shareholder equity of THB2.3B and total debt of THB611.1M, which brings its debt-to-equity ratio to 26.8%. Its total assets and total liabilities are THB3.8B and THB1.5B respectively. Pranda Jewelry's EBIT is THB171.9M making its interest coverage ratio 5.7. It has cash and short-term investments of THB228.5M.
Key information
26.8%
Debt to equity ratio
฿611.10m
Debt
Interest coverage ratio | 5.7x |
Cash | ฿228.48m |
Equity | ฿2.28b |
Total liabilities | ฿1.47b |
Total assets | ฿3.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDJ's short term assets (THB2.4B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: PDJ's short term assets (THB2.4B) exceed its long term liabilities (THB290.0M).
Debt to Equity History and Analysis
Debt Level: PDJ's net debt to equity ratio (16.8%) is considered satisfactory.
Reducing Debt: PDJ's debt to equity ratio has reduced from 32.4% to 26.8% over the past 5 years.
Debt Coverage: PDJ's debt is well covered by operating cash flow (64.8%).
Interest Coverage: PDJ's interest payments on its debt are well covered by EBIT (5.7x coverage).