Primo Service Solutions Balance Sheet Health
Financial Health criteria checks 6/6
Primo Service Solutions has a total shareholder equity of THB1.7B and total debt of THB41.9M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are THB2.5B and THB744.2M respectively. Primo Service Solutions's EBIT is THB455.4M making its interest coverage ratio -66.2. It has cash and short-term investments of THB966.3M.
Key information
2.4%
Debt to equity ratio
฿41.93m
Debt
Interest coverage ratio | -66.2x |
Cash | ฿966.32m |
Equity | ฿1.75b |
Total liabilities | ฿744.19m |
Total assets | ฿2.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRI's short term assets (THB1.9B) exceed its short term liabilities (THB612.6M).
Long Term Liabilities: PRI's short term assets (THB1.9B) exceed its long term liabilities (THB131.6M).
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 reduced from 3.3% to 2.4% over the past 5 years.
Debt Coverage: PRI's debt is well covered by operating cash flow (486.7%).
Interest Coverage: PRI earns more interest than it pays, so coverage of interest payments is not a concern.