Thai Plastic Industrial (1994) Balance Sheet Health
Financial Health criteria checks 6/6
Thai Plastic Industrial (1994) has a total shareholder equity of THB313.9M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB368.9M and THB54.9M respectively. Thai Plastic Industrial (1994)'s EBIT is THB17.3M making its interest coverage ratio 57.1. It has cash and short-term investments of THB57.9M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 57.1x |
| Cash | ฿57.88m |
| Equity | ฿313.93m |
| Total liabilities | ฿54.93m |
| Total assets | ฿368.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPLAS's short term assets (THB165.8M) exceed its short term liabilities (THB36.7M).
Long Term Liabilities: TPLAS's short term assets (THB165.8M) exceed its long term liabilities (THB18.2M).
Debt to Equity History and Analysis
Debt Level: TPLAS is debt free.
Reducing Debt: TPLAS has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: TPLAS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPLAS has no debt, therefore coverage of interest payments is not a concern.