Permsin Steel Works Balance Sheet Health
Financial Health criteria checks 1/6
Permsin Steel Works has a total shareholder equity of THB685.7M and total debt of THB2.9B, which brings its debt-to-equity ratio to 429.4%. Its total assets and total liabilities are THB4.4B and THB3.7B respectively.
Key information
429.4%
Debt to equity ratio
฿2.94b
Debt
Interest coverage ratio | n/a |
Cash | ฿80.37m |
Equity | ฿685.73m |
Total liabilities | ฿3.70b |
Total assets | ฿4.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERM-R's short term assets (THB2.0B) do not cover its short term liabilities (THB3.2B).
Long Term Liabilities: PERM-R's short term assets (THB2.0B) exceed its long term liabilities (THB497.4M).
Debt to Equity History and Analysis
Debt Level: PERM-R's net debt to equity ratio (417.6%) is considered high.
Reducing Debt: PERM-R's debt to equity ratio has increased from 225.5% to 429.4% 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 19.3% each year