Preecha Group Balance Sheet Health
Financial Health criteria checks 3/6
Preecha Group has a total shareholder equity of THB335.4M and total debt of THB59.9M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are THB484.3M and THB148.9M respectively.
Key information
17.9%
Debt to equity ratio
฿59.89m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿19.73m |
| Equity | ฿335.40m |
| Total liabilities | ฿148.90m |
| Total assets | ฿484.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRECHA-R's short term assets (THB267.2M) exceed its short term liabilities (THB41.9M).
Long Term Liabilities: PRECHA-R's short term assets (THB267.2M) exceed its long term liabilities (THB107.0M).
Debt to Equity History and Analysis
Debt Level: PRECHA-R's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: PRECHA-R's debt to equity ratio has increased from 5.5% to 17.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PRECHA-R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PRECHA-R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.9% each year