Pilatus Marine Balance Sheet Health
Financial Health criteria checks 4/6
Pilatus Marine has a total shareholder equity of THB820.2M and total debt of THB217.5M, which brings its debt-to-equity ratio to 26.5%. Its total assets and total liabilities are THB1.4B and THB603.3M respectively. Pilatus Marine's EBIT is THB72.5M making its interest coverage ratio 4.5. It has cash and short-term investments of THB117.5M.
Key information
26.5%
Debt to equity ratio
฿217.55m
Debt
| Interest coverage ratio | 4.5x |
| Cash | ฿117.46m |
| Equity | ฿820.19m |
| Total liabilities | ฿603.33m |
| Total assets | ฿1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLT's short term assets (THB225.0M) exceed its short term liabilities (THB217.9M).
Long Term Liabilities: PLT's short term assets (THB225.0M) do not cover its long term liabilities (THB385.4M).
Debt to Equity History and Analysis
Debt Level: PLT's net debt to equity ratio (12.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PLT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLT's debt is well covered by operating cash flow (92.2%).
Interest Coverage: PLT's interest payments on its debt are well covered by EBIT (4.5x coverage).