Pranda Jewelry Balance Sheet Health
Financial Health criteria checks 6/6
Pranda Jewelry has a total shareholder equity of THB2.4B and total debt of THB232.2M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are THB3.7B and THB1.4B respectively. Pranda Jewelry's EBIT is THB119.5M making its interest coverage ratio 5. It has cash and short-term investments of THB436.9M.
Key information
9.8%
Debt to equity ratio
฿232.23m
Debt
| Interest coverage ratio | 5x |
| Cash | ฿436.92m |
| Equity | ฿2.36b |
| Total liabilities | ฿1.38b |
| Total assets | ฿3.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PDJ's short term assets (THB2.3B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: PDJ's short term assets (THB2.3B) exceed its long term liabilities (THB279.9M).
Debt to Equity History and Analysis
Debt Level: PDJ has more cash than its total debt.
Reducing Debt: PDJ's debt to equity ratio has reduced from 33.6% to 9.8% over the past 5 years.
Debt Coverage: PDJ's debt is well covered by operating cash flow (182.6%).
Interest Coverage: PDJ's interest payments on its debt are well covered by EBIT (5x coverage).