Thai Poly Acrylic Balance Sheet Health
Financial Health criteria checks 6/6
Thai Poly Acrylic has a total shareholder equity of THB396.1M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB671.7M and THB275.5M respectively. Thai Poly Acrylic's EBIT is THB6.5M making its interest coverage ratio 15.7. It has cash and short-term investments of THB114.9M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 15.7x |
| Cash | ฿114.89m |
| Equity | ฿396.14m |
| Total liabilities | ฿275.52m |
| Total assets | ฿671.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPA's short term assets (THB438.6M) exceed its short term liabilities (THB232.9M).
Long Term Liabilities: TPA's short term assets (THB438.6M) exceed its long term liabilities (THB42.6M).
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.