Preecha Group Balance Sheet Health
Financial Health criteria checks 3/6
Preecha Group has a total shareholder equity of THB361.2M and total debt of THB41.0M, which brings its debt-to-equity ratio to 11.4%. Its total assets and total liabilities are THB494.9M and THB133.7M respectively. Preecha Group's EBIT is THB3.2M making its interest coverage ratio 1.4. It has cash and short-term investments of THB98.9M.
Key information
11.4%
Debt to equity ratio
฿41.03m
Debt
Interest coverage ratio | 1.4x |
Cash | ฿98.95m |
Equity | ฿361.22m |
Total liabilities | ฿133.70m |
Total assets | ฿494.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRECHA's short term assets (THB326.3M) exceed its short term liabilities (THB44.8M).
Long Term Liabilities: PRECHA's short term assets (THB326.3M) exceed its long term liabilities (THB88.9M).
Debt to Equity History and Analysis
Debt Level: PRECHA has more cash than its total debt.
Reducing Debt: PRECHA's debt to equity ratio has increased from 6.9% to 11.4% over the past 5 years.
Debt Coverage: PRECHA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRECHA's interest payments on its debt are not well covered by EBIT (1.4x coverage).