P.S.P. Specialties Balance Sheet Health
Financial Health criteria checks 5/6
P.S.P. Specialties has a total shareholder equity of THB3.3B and total debt of THB1.9B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are THB7.1B and THB3.8B respectively. P.S.P. Specialties's EBIT is THB668.2M making its interest coverage ratio 4.1. It has cash and short-term investments of THB982.6M.
Key information
58.0%
Debt to equity ratio
฿1.90b
Debt
Interest coverage ratio | 4.1x |
Cash | ฿982.64m |
Equity | ฿3.29b |
Total liabilities | ฿3.78b |
Total assets | ฿7.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSP's short term assets (THB4.4B) exceed its short term liabilities (THB2.5B).
Long Term Liabilities: PSP's short term assets (THB4.4B) exceed its long term liabilities (THB1.3B).
Debt to Equity History and Analysis
Debt Level: PSP's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: PSP's debt to equity ratio has increased from 0% to 58% over the past 5 years.
Debt Coverage: PSP's debt is well covered by operating cash flow (89.4%).
Interest Coverage: PSP's interest payments on its debt are well covered by EBIT (4.1x coverage).