Thai Poly Acrylic Balance Sheet Health
Financial Health criteria checks 6/6
Thai Poly Acrylic has a total shareholder equity of THB426.8M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB695.8M and THB269.0M respectively. Thai Poly Acrylic's EBIT is THB11.4M making its interest coverage ratio 27.7. It has cash and short-term investments of THB128.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 27.7x |
Cash | ฿128.74m |
Equity | ฿426.81m |
Total liabilities | ฿268.97m |
Total assets | ฿695.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPA's short term assets (THB457.8M) exceed its short term liabilities (THB226.6M).
Long Term Liabilities: TPA's short term assets (THB457.8M) exceed its long term liabilities (THB42.4M).
Debt to Equity History and Analysis
Debt Level: TPA is debt free.
Reducing Debt: TPA has not had any debt for past 5 years.
Debt Coverage: TPA has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPA has no debt, therefore coverage of interest payments is not a concern.