Grand Prix International Balance Sheet Health
Financial Health criteria checks 6/6
Grand Prix International has a total shareholder equity of THB791.1M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB891.5M and THB100.5M respectively. Grand Prix International's EBIT is THB136.6M making its interest coverage ratio -15.9. It has cash and short-term investments of THB84.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -15.9x |
| Cash | ฿84.69m |
| Equity | ฿791.07m |
| Total liabilities | ฿100.48m |
| Total assets | ฿891.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GPI-R's short term assets (THB235.7M) exceed its short term liabilities (THB64.8M).
Long Term Liabilities: GPI-R's short term assets (THB235.7M) exceed its long term liabilities (THB35.7M).
Debt to Equity History and Analysis
Debt Level: GPI-R is debt free.
Reducing Debt: GPI-R had no debt 5 years ago.
Debt Coverage: GPI-R has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GPI-R has no debt, therefore coverage of interest payments is not a concern.