Platinum Group Balance Sheet Health
Financial Health criteria checks 5/6
Platinum Group has a total shareholder equity of THB7.9B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB11.5B and THB3.6B respectively. Platinum Group's EBIT is THB683.3M making its interest coverage ratio 5. It has cash and short-term investments of THB580.9M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 5x |
| Cash | ฿580.89m |
| Equity | ฿7.90b |
| Total liabilities | ฿3.57b |
| Total assets | ฿11.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLAT's short term assets (THB984.6M) exceed its short term liabilities (THB670.6M).
Long Term Liabilities: PLAT's short term assets (THB984.6M) do not cover its long term liabilities (THB2.9B).
Debt to Equity History and Analysis
Debt Level: PLAT is debt free.
Reducing Debt: PLAT had no debt 5 years ago.
Debt Coverage: PLAT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PLAT has no debt, therefore coverage of interest payments is not a concern.