GFPT Balance Sheet Health
Financial Health criteria checks 6/6
GFPT has a total shareholder equity of THB19.2B and total debt of THB4.7B, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are THB26.6B and THB7.5B respectively. GFPT's EBIT is THB1.4B making its interest coverage ratio 11.9. It has cash and short-term investments of THB3.0B.
Key information
24.7%
Debt to equity ratio
฿4.74b
Debt
| Interest coverage ratio | 11.9x |
| Cash | ฿3.03b |
| Equity | ฿19.15b |
| Total liabilities | ฿7.47b |
| Total assets | ฿26.62b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GFPT-R's short term assets (THB7.9B) exceed its short term liabilities (THB3.0B).
Long Term Liabilities: GFPT-R's short term assets (THB7.9B) exceed its long term liabilities (THB4.4B).
Debt to Equity History and Analysis
Debt Level: GFPT-R's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: GFPT-R's debt to equity ratio has reduced from 25.1% to 24.7% over the past 5 years.
Debt Coverage: GFPT-R's debt is well covered by operating cash flow (61%).
Interest Coverage: GFPT-R's interest payments on its debt are well covered by EBIT (11.9x coverage).