Primo Service Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Primo Service Solutions has a total shareholder equity of THB1.6B and total debt of THB41.6M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are THB2.3B and THB712.5M respectively. Primo Service Solutions's EBIT is THB429.9M making its interest coverage ratio -192.9. It has cash and short-term investments of THB644.5M.
Key information
2.7%
Debt to equity ratio
฿41.63m
Debt
| Interest coverage ratio | -192.9x |
| Cash | ฿644.54m |
| Equity | ฿1.57b |
| Total liabilities | ฿712.50m |
| Total assets | ฿2.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRI's short term assets (THB1.7B) exceed its short term liabilities (THB617.8M).
Long Term Liabilities: PRI's short term assets (THB1.7B) exceed its long term liabilities (THB94.7M).
Debt to Equity History and Analysis
Debt Level: PRI has more cash than its total debt.
Reducing Debt: PRI's debt to equity ratio has increased from 1.4% to 2.7% over the past 5 years.
Debt Coverage: PRI's debt is well covered by operating cash flow (491.1%).
Interest Coverage: PRI earns more interest than it pays, so coverage of interest payments is not a concern.