PP PRIME Balance Sheet Health
Financial Health criteria checks 5/6
PP PRIME has a total shareholder equity of THB538.4M and total debt of THB212.5M, which brings its debt-to-equity ratio to 39.5%. Its total assets and total liabilities are THB1.1B and THB596.1M respectively.
Key information
39.5%
Debt to equity ratio
฿212.54m
Debt
Interest coverage ratio | n/a |
Cash | ฿13.13m |
Equity | ฿538.36m |
Total liabilities | ฿596.06m |
Total assets | ฿1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PPPM's short term assets (THB287.7M) do not cover its short term liabilities (THB502.2M).
Long Term Liabilities: PPPM's short term assets (THB287.7M) exceed its long term liabilities (THB93.8M).
Debt to Equity History and Analysis
Debt Level: PPPM's net debt to equity ratio (37%) is considered satisfactory.
Reducing Debt: PPPM's debt to equity ratio has reduced from 254.3% to 39.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PPPM has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PPPM is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.