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 ratio | 2.6x |
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).