Premier Tank Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Premier Tank has a total shareholder equity of THB897.8M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB915.2M and THB17.4M respectively. Premier Tank's EBIT is THB69.0M making its interest coverage ratio -8.8. It has cash and short-term investments of THB374.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -8.8x |
| Cash | ฿374.67m |
| Equity | ฿897.77m |
| Total liabilities | ฿17.40m |
| Total assets | ฿915.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTC-R's short term assets (THB407.4M) exceed its short term liabilities (THB11.2M).
Long Term Liabilities: PTC-R's short term assets (THB407.4M) exceed its long term liabilities (THB6.2M).
Debt to Equity History and Analysis
Debt Level: PTC-R is debt free.
Reducing Debt: PTC-R had no debt 5 years ago.
Debt Coverage: PTC-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTC-R has no debt, therefore coverage of interest payments is not a concern.