TPI Polene Public Company Limited

SET:TPIPL Stock Report

Market Cap: ฿21.2b

TPI Polene Balance Sheet Health

Financial Health criteria checks 1/6

TPI Polene has a total shareholder equity of THB64.1B and total debt of THB79.6B, which brings its debt-to-equity ratio to 124.2%. Its total assets and total liabilities are THB158.3B and THB94.2B respectively. TPI Polene's EBIT is THB4.7B making its interest coverage ratio 2.6. It has cash and short-term investments of THB10.1B.

Key information

124.2%

Debt to equity ratio

฿79.57b

Debt

Interest coverage ratio2.6x
Cash฿10.14b
Equity฿64.07b
Total liabilities฿94.25b
Total assets฿158.32b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TPIPL's short term assets (THB35.1B) exceed its short term liabilities (THB28.0B).

Long Term Liabilities: TPIPL's short term assets (THB35.1B) do not cover its long term liabilities (THB66.2B).


Debt to Equity History and Analysis

Debt Level: TPIPL's net debt to equity ratio (108.4%) is considered high.

Reducing Debt: TPIPL's debt to equity ratio has increased from 101.9% to 124.2% over the past 5 years.

Debt Coverage: TPIPL's debt is not well covered by operating cash flow (11.1%).

Interest Coverage: TPIPL's interest payments on its debt are not well covered by EBIT (2.6x coverage).


Balance Sheet


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