Permsin Steel Works Balance Sheet Health
Financial Health criteria checks 1/6
Permsin Steel Works has a total shareholder equity of THB523.1M and total debt of THB3.0B, which brings its debt-to-equity ratio to 578.8%. Its total assets and total liabilities are THB4.3B and THB3.8B respectively.
Key information
578.8%
Debt to equity ratio
฿3.03b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿9.42m |
| Equity | ฿523.08m |
| Total liabilities | ฿3.76b |
| Total assets | ฿4.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERM-R's short term assets (THB1.9B) do not cover its short term liabilities (THB3.3B).
Long Term Liabilities: PERM-R's short term assets (THB1.9B) exceed its long term liabilities (THB454.3M).
Debt to Equity History and Analysis
Debt Level: PERM-R's net debt to equity ratio (577%) is considered high.
Reducing Debt: PERM-R's debt to equity ratio has increased from 266.5% to 578.8% 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: PERM-R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PERM-R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.4% each year