Premier Marketing Balance Sheet Health
Financial Health criteria checks 5/6
Premier Marketing has a total shareholder equity of THB1.6B and total debt of THB266.2M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are THB2.8B and THB1.2B respectively. Premier Marketing's EBIT is THB687.2M making its interest coverage ratio 104.9. It has cash and short-term investments of THB98.0M.
Key information
16.6%
Debt to equity ratio
฿266.20m
Debt
| Interest coverage ratio | 104.9x |
| Cash | ฿98.00m |
| Equity | ฿1.60b |
| Total liabilities | ฿1.24b |
| Total assets | ฿2.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PM's short term assets (THB1.5B) exceed its short term liabilities (THB815.7M).
Long Term Liabilities: PM's short term assets (THB1.5B) exceed its long term liabilities (THB419.9M).
Debt to Equity History and Analysis
Debt Level: PM's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: PM's debt to equity ratio has increased from 5.9% to 16.6% over the past 5 years.
Debt Coverage: PM's debt is well covered by operating cash flow (174.9%).
Interest Coverage: PM's interest payments on its debt are well covered by EBIT (104.9x coverage).