PTT Global Chemical Balance Sheet Health
Financial Health criteria checks 1/6
PTT Global Chemical has a total shareholder equity of THB296.2B and total debt of THB265.1B, which brings its debt-to-equity ratio to 89.5%. Its total assets and total liabilities are THB719.0B and THB422.8B respectively. PTT Global Chemical's EBIT is THB8.9B making its interest coverage ratio 0.9. It has cash and short-term investments of THB46.2B.
Key information
89.5%
Debt to equity ratio
฿265.05b
Debt
Interest coverage ratio | 0.9x |
Cash | ฿46.25b |
Equity | ฿296.18b |
Total liabilities | ฿422.82b |
Total assets | ฿719.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTTGC's short term assets (THB186.9B) exceed its short term liabilities (THB125.8B).
Long Term Liabilities: PTTGC's short term assets (THB186.9B) do not cover its long term liabilities (THB297.0B).
Debt to Equity History and Analysis
Debt Level: PTTGC's net debt to equity ratio (73.9%) is considered high.
Reducing Debt: PTTGC's debt to equity ratio has increased from 31.9% to 89.5% over the past 5 years.
Debt Coverage: PTTGC's debt is not well covered by operating cash flow (18.2%).
Interest Coverage: PTTGC's interest payments on its debt are not well covered by EBIT (0.9x coverage).