Premier Marketing Balance Sheet Health
Financial Health criteria checks 5/6
Premier Marketing has a total shareholder equity of THB1.5B and total debt of THB150.5M, which brings its debt-to-equity ratio to 10.1%. Its total assets and total liabilities are THB2.6B and THB1.1B respectively. Premier Marketing's EBIT is THB497.0M making its interest coverage ratio 61.6. It has cash and short-term investments of THB164.6M.
Key information
10.1%
Debt to equity ratio
฿150.52m
Debt
Interest coverage ratio | 61.6x |
Cash | ฿164.61m |
Equity | ฿1.50b |
Total liabilities | ฿1.09b |
Total assets | ฿2.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PM's short term assets (THB1.4B) exceed its short term liabilities (THB694.1M).
Long Term Liabilities: PM's short term assets (THB1.4B) exceed its long term liabilities (THB399.9M).
Debt to Equity History and Analysis
Debt Level: PM has more cash than its total debt.
Reducing Debt: PM's debt to equity ratio has increased from 0% to 10.1% over the past 5 years.
Debt Coverage: PM's debt is well covered by operating cash flow (410.3%).
Interest Coverage: PM's interest payments on its debt are well covered by EBIT (61.6x coverage).