TPI Polene Balance Sheet Health
Financial Health criteria checks 2/6
TPI Polene has a total shareholder equity of THB64.8B and total debt of THB83.4B, which brings its debt-to-equity ratio to 128.8%. Its total assets and total liabilities are THB162.2B and THB97.4B respectively. TPI Polene's EBIT is THB5.5B making its interest coverage ratio 3.1. It has cash and short-term investments of THB14.7B.
Key information
128.8%
Debt to equity ratio
฿83.45b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ฿14.66b |
| Equity | ฿64.81b |
| Total liabilities | ฿97.42b |
| Total assets | ฿162.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPIPL-R's short term assets (THB40.9B) exceed its short term liabilities (THB35.2B).
Long Term Liabilities: TPIPL-R's short term assets (THB40.9B) do not cover its long term liabilities (THB62.2B).
Debt to Equity History and Analysis
Debt Level: TPIPL-R's net debt to equity ratio (106.1%) is considered high.
Reducing Debt: TPIPL-R's debt to equity ratio has increased from 94% to 128.8% over the past 5 years.
Debt Coverage: TPIPL-R's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: TPIPL-R's interest payments on its debt are well covered by EBIT (3.1x coverage).