PM Thoresen Asia Holdings Balance Sheet Health
Financial Health criteria checks 5/6
PM Thoresen Asia Holdings has a total shareholder equity of THB1.6B and total debt of THB341.1M, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are THB2.4B and THB753.3M respectively. PM Thoresen Asia Holdings's EBIT is THB255.2M making its interest coverage ratio 6.4. It has cash and short-term investments of THB364.3M.
Key information
21.2%
Debt to equity ratio
฿341.12m
Debt
| Interest coverage ratio | 6.4x |
| Cash | ฿364.34m |
| Equity | ฿1.61b |
| Total liabilities | ฿753.27m |
| Total assets | ฿2.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PMTA's short term assets (THB1.7B) exceed its short term liabilities (THB639.7M).
Long Term Liabilities: PMTA's short term assets (THB1.7B) exceed its long term liabilities (THB113.6M).
Debt to Equity History and Analysis
Debt Level: PMTA has more cash than its total debt.
Reducing Debt: PMTA's debt to equity ratio has reduced from 23.5% to 21.2% over the past 5 years.
Debt Coverage: PMTA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PMTA's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 13:35 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
PM Thoresen Asia Holdings Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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