Pato Chemical Industry Balance Sheet Health
Financial Health criteria checks 6/6
Pato Chemical Industry has a total shareholder equity of THB508.7M and total debt of THB28.5M, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are THB621.7M and THB113.0M respectively. Pato Chemical Industry's EBIT is THB96.4M making its interest coverage ratio -61.8. It has cash and short-term investments of THB32.5M.
Key information
5.6%
Debt to equity ratio
฿28.46m
Debt
Interest coverage ratio | -61.8x |
Cash | ฿32.48m |
Equity | ฿508.69m |
Total liabilities | ฿113.04m |
Total assets | ฿621.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PATO-R's short term assets (THB493.6M) exceed its short term liabilities (THB84.8M).
Long Term Liabilities: PATO-R's short term assets (THB493.6M) exceed its long term liabilities (THB28.2M).
Debt to Equity History and Analysis
Debt Level: PATO-R has more cash than its total debt.
Reducing Debt: PATO-R's debt to equity ratio has reduced from 12.7% to 5.6% over the past 5 years.
Debt Coverage: PATO-R's debt is well covered by operating cash flow (496.6%).
Interest Coverage: PATO-R earns more interest than it pays, so coverage of interest payments is not a concern.