Peerapat Technology Balance Sheet Health
Financial Health criteria checks 5/6
Peerapat Technology has a total shareholder equity of THB562.7M and total debt of THB498.7M, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are THB1.4B and THB839.1M respectively. Peerapat Technology's EBIT is THB101.2M making its interest coverage ratio 4. It has cash and short-term investments of THB110.6M.
Key information
88.6%
Debt to equity ratio
฿498.65m
Debt
| Interest coverage ratio | 4x |
| Cash | ฿110.59m |
| Equity | ฿562.67m |
| Total liabilities | ฿839.14m |
| Total assets | ฿1.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRAPAT-R's short term assets (THB641.9M) exceed its short term liabilities (THB615.9M).
Long Term Liabilities: PRAPAT-R's short term assets (THB641.9M) exceed its long term liabilities (THB223.3M).
Debt to Equity History and Analysis
Debt Level: PRAPAT-R's net debt to equity ratio (69%) is considered high.
Reducing Debt: PRAPAT-R's debt to equity ratio has reduced from 97.5% to 88.6% over the past 5 years.
Debt Coverage: PRAPAT-R's debt is well covered by operating cash flow (25.6%).
Interest Coverage: PRAPAT-R's interest payments on its debt are well covered by EBIT (4x coverage).