PTT Balance Sheet Health
Financial Health criteria checks 4/6
PTT has a total shareholder equity of THB1,625.0B and total debt of THB1,063.7B, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are THB3,460.5B and THB1,835.5B respectively. PTT's EBIT is THB231.2B making its interest coverage ratio 8. It has cash and short-term investments of THB449.5B.
Key information
65.5%
Debt to equity ratio
฿1.06t
Debt
Interest coverage ratio | 8x |
Cash | ฿449.53b |
Equity | ฿1.62t |
Total liabilities | ฿1.84t |
Total assets | ฿3.46t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTT-R's short term assets (THB1,081.7B) exceed its short term liabilities (THB588.7B).
Long Term Liabilities: PTT-R's short term assets (THB1,081.7B) do not cover its long term liabilities (THB1,246.8B).
Debt to Equity History and Analysis
Debt Level: PTT-R's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: PTT-R's debt to equity ratio has increased from 40.8% to 65.5% over the past 5 years.
Debt Coverage: PTT-R's debt is well covered by operating cash flow (35.9%).
Interest Coverage: PTT-R's interest payments on its debt are well covered by EBIT (8x coverage).