PTT Global Chemical Balance Sheet Health
Financial Health criteria checks 1/6
PTT Global Chemical has a total shareholder equity of THB267.3B and total debt of THB244.3B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are THB658.1B and THB390.8B respectively. PTT Global Chemical's EBIT is THB3.2B making its interest coverage ratio 0.3. It has cash and short-term investments of THB26.1B.
Key information
91.4%
Debt to equity ratio
฿244.28b
Debt
| Interest coverage ratio | 0.3x |
| Cash | ฿26.13b |
| Equity | ฿267.30b |
| Total liabilities | ฿390.83b |
| Total assets | ฿658.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTTGC-F's short term assets (THB162.6B) exceed its short term liabilities (THB129.1B).
Long Term Liabilities: PTTGC-F's short term assets (THB162.6B) do not cover its long term liabilities (THB261.7B).
Debt to Equity History and Analysis
Debt Level: PTTGC-F's net debt to equity ratio (81.6%) is considered high.
Reducing Debt: PTTGC-F's debt to equity ratio has increased from 36.5% to 91.4% over the past 5 years.
Debt Coverage: PTTGC-F's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: PTTGC-F's interest payments on its debt are not well covered by EBIT (0.3x coverage).