Pilatus Marine Balance Sheet Health
Financial Health criteria checks 2/6
Pilatus Marine has a total shareholder equity of THB859.7M and total debt of THB529.0M, which brings its debt-to-equity ratio to 61.5%. Its total assets and total liabilities are THB1.7B and THB876.6M respectively. Pilatus Marine's EBIT is THB97.2M making its interest coverage ratio 3.7. It has cash and short-term investments of THB105.7M.
Key information
61.5%
Debt to equity ratio
฿529.04m
Debt
| Interest coverage ratio | 3.7x |
| Cash | ฿105.67m |
| Equity | ฿859.68m |
| Total liabilities | ฿876.61m |
| Total assets | ฿1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLT-R's short term assets (THB206.0M) do not cover its short term liabilities (THB245.6M).
Long Term Liabilities: PLT-R's short term assets (THB206.0M) do not cover its long term liabilities (THB631.1M).
Debt to Equity History and Analysis
Debt Level: PLT-R's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: Insufficient data to determine if PLT-R's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLT-R's debt is well covered by operating cash flow (51.4%).
Interest Coverage: PLT-R's interest payments on its debt are well covered by EBIT (3.7x coverage).