PTT Exploration and Production Balance Sheet Health
Financial Health criteria checks 4/6
PTT Exploration and Production has a total shareholder equity of $15.1B and total debt of $2.7B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are $27.2B and $12.0B respectively. PTT Exploration and Production's EBIT is $4.1B making its interest coverage ratio 31.7. It has cash and short-term investments of $5.2B.
Key information
18.0%
Debt to equity ratio
US$2.73b
Debt
Interest coverage ratio | 31.7x |
Cash | US$5.24b |
Equity | US$15.14b |
Total liabilities | US$12.03b |
Total assets | US$27.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTTEP's short term assets ($7.5B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: PTTEP's short term assets ($7.5B) do not cover its long term liabilities ($9.1B).
Debt to Equity History and Analysis
Debt Level: PTTEP has more cash than its total debt.
Reducing Debt: PTTEP's debt to equity ratio has increased from 16.4% to 18% over the past 5 years.
Debt Coverage: PTTEP's debt is well covered by operating cash flow (169.6%).
Interest Coverage: PTTEP's interest payments on its debt are well covered by EBIT (31.7x coverage).