Permsin Steel Works Balance Sheet Health
Financial Health criteria checks 1/6
Permsin Steel Works has a total shareholder equity of THB765.8M and total debt of THB2.8B, which brings its debt-to-equity ratio to 363.3%. Its total assets and total liabilities are THB4.3B and THB3.5B respectively.
Key information
363.3%
Debt to equity ratio
฿2.78b
Debt
Interest coverage ratio | n/a |
Cash | ฿28.04m |
Equity | ฿765.75m |
Total liabilities | ฿3.49b |
Total assets | ฿4.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PERM's short term assets (THB1.8B) do not cover its short term liabilities (THB3.0B).
Long Term Liabilities: PERM's short term assets (THB1.8B) exceed its long term liabilities (THB501.2M).
Debt to Equity History and Analysis
Debt Level: PERM's net debt to equity ratio (359.6%) is considered high.
Reducing Debt: PERM's debt to equity ratio has increased from 281.8% to 363.3% over the past 5 years.
Debt Coverage: PERM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PERM's interest payments on its debt are well covered by EBIT.