Patrangsit Healthcare Group Balance Sheet Health
Financial Health criteria checks 6/6
Patrangsit Healthcare Group has a total shareholder equity of THB2.0B and total debt of THB36.0M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are THB2.4B and THB399.8M respectively. Patrangsit Healthcare Group's EBIT is THB311.6M making its interest coverage ratio -15.4. It has cash and short-term investments of THB1.0B.
Key information
1.8%
Debt to equity ratio
฿36.05m
Debt
Interest coverage ratio | -15.4x |
Cash | ฿1.01b |
Equity | ฿1.96b |
Total liabilities | ฿399.84m |
Total assets | ฿2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHG's short term assets (THB1.4B) exceed its short term liabilities (THB348.8M).
Long Term Liabilities: PHG's short term assets (THB1.4B) exceed its long term liabilities (THB51.0M).
Debt to Equity History and Analysis
Debt Level: PHG has more cash than its total debt.
Reducing Debt: PHG's debt to equity ratio has reduced from 33.7% to 1.8% over the past 5 years.
Debt Coverage: PHG's debt is well covered by operating cash flow (1041.6%).
Interest Coverage: PHG earns more interest than it pays, so coverage of interest payments is not a concern.