Pilatus Marine Balance Sheet Health
Financial Health criteria checks 4/6
Pilatus Marine has a total shareholder equity of THB837.0M and total debt of THB199.8M, which brings its debt-to-equity ratio to 23.9%. Its total assets and total liabilities are THB1.4B and THB570.0M respectively. Pilatus Marine's EBIT is THB70.5M making its interest coverage ratio 3.9. It has cash and short-term investments of THB120.4M.
Key information
23.9%
Debt to equity ratio
฿199.77m
Debt
Interest coverage ratio | 3.9x |
Cash | ฿120.41m |
Equity | ฿837.03m |
Total liabilities | ฿570.04m |
Total assets | ฿1.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLT-F's short term assets (THB228.6M) exceed its short term liabilities (THB204.0M).
Long Term Liabilities: PLT-F's short term assets (THB228.6M) do not cover its long term liabilities (THB366.1M).
Debt to Equity History and Analysis
Debt Level: PLT-F's net debt to equity ratio (9.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PLT-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PLT-F's debt is well covered by operating cash flow (111%).
Interest Coverage: PLT-F's interest payments on its debt are well covered by EBIT (3.9x coverage).