P.S.P. Specialties Balance Sheet Health
Financial Health criteria checks 5/6
P.S.P. Specialties has a total shareholder equity of THB3.5B and total debt of THB1.7B, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are THB7.4B and THB4.0B respectively. P.S.P. Specialties's EBIT is THB803.8M making its interest coverage ratio 5.8. It has cash and short-term investments of THB1.1B.
Key information
50.3%
Debt to equity ratio
฿1.75b
Debt
Interest coverage ratio | 5.8x |
Cash | ฿1.05b |
Equity | ฿3.47b |
Total liabilities | ฿3.96b |
Total assets | ฿7.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSP-R's short term assets (THB4.6B) exceed its short term liabilities (THB2.8B).
Long Term Liabilities: PSP-R's short term assets (THB4.6B) exceed its long term liabilities (THB1.2B).
Debt to Equity History and Analysis
Debt Level: PSP-R's net debt to equity ratio (20%) is considered satisfactory.
Reducing Debt: PSP-R's debt to equity ratio has increased from 0% to 50.3% over the past 5 years.
Debt Coverage: PSP-R's debt is well covered by operating cash flow (99.8%).
Interest Coverage: PSP-R's interest payments on its debt are well covered by EBIT (5.8x coverage).