Premier Tank Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Premier Tank has a total shareholder equity of THB884.7M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB905.4M and THB20.7M respectively. Premier Tank's EBIT is THB88.3M making its interest coverage ratio -18.4. It has cash and short-term investments of THB345.8M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -18.4x |
Cash | ฿345.84m |
Equity | ฿884.71m |
Total liabilities | ฿20.67m |
Total assets | ฿905.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTC's short term assets (THB382.2M) exceed its short term liabilities (THB14.9M).
Long Term Liabilities: PTC's short term assets (THB382.2M) exceed its long term liabilities (THB5.7M).
Debt to Equity History and Analysis
Debt Level: PTC is debt free.
Reducing Debt: PTC had no debt 5 years ago.
Debt Coverage: PTC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PTC has no debt, therefore coverage of interest payments is not a concern.