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 THB204.3M, which brings its debt-to-equity ratio to 12.5%. Its total assets and total liabilities are THB2.7B and THB1.1B respectively. Premier Marketing's EBIT is THB559.0M making its interest coverage ratio 85.5. It has cash and short-term investments of THB260.6M.
Key information
12.5%
Debt to equity ratio
฿204.31m
Debt
| Interest coverage ratio | 85.5x |
| Cash | ฿260.63m |
| Equity | ฿1.64b |
| Total liabilities | ฿1.11b |
| Total assets | ฿2.75b |
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 (THB675.0M).
Long Term Liabilities: PM's short term assets (THB1.5B) exceed its long term liabilities (THB430.2M).
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 6% to 12.5% over the past 5 years.
Debt Coverage: PM's debt is well covered by operating cash flow (264.7%).
Interest Coverage: PM's interest payments on its debt are well covered by EBIT (85.5x coverage).