TPBI Balance Sheet Health
Financial Health criteria checks 6/6
TPBI has a total shareholder equity of THB2.9B and total debt of THB726.6M, which brings its debt-to-equity ratio to 24.9%. Its total assets and total liabilities are THB4.6B and THB1.6B respectively. TPBI's EBIT is THB476.5M making its interest coverage ratio 11.1. It has cash and short-term investments of THB284.1M.
Key information
24.9%
Debt to equity ratio
฿726.57m
Debt
| Interest coverage ratio | 11.1x |
| Cash | ฿284.09m |
| Equity | ฿2.92b |
| Total liabilities | ฿1.65b |
| Total assets | ฿4.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPBI-R's short term assets (THB2.2B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: TPBI-R's short term assets (THB2.2B) exceed its long term liabilities (THB284.8M).
Debt to Equity History and Analysis
Debt Level: TPBI-R's net debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: TPBI-R's debt to equity ratio has reduced from 70.9% to 24.9% over the past 5 years.
Debt Coverage: TPBI-R's debt is well covered by operating cash flow (64.9%).
Interest Coverage: TPBI-R's interest payments on its debt are well covered by EBIT (11.1x coverage).