Prinsiri Balance Sheet Health
Financial Health criteria checks 3/6
Prinsiri has a total shareholder equity of THB5.3B and total debt of THB6.0B, which brings its debt-to-equity ratio to 112.3%. Its total assets and total liabilities are THB12.4B and THB7.1B respectively. Prinsiri's EBIT is THB325.1M making its interest coverage ratio 2.6. It has cash and short-term investments of THB84.5M.
Key information
112.3%
Debt to equity ratio
฿5.96b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ฿84.46m |
| Equity | ฿5.31b |
| Total liabilities | ฿7.13b |
| Total assets | ฿12.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIN-R's short term assets (THB6.2B) exceed its short term liabilities (THB2.8B).
Long Term Liabilities: PRIN-R's short term assets (THB6.2B) exceed its long term liabilities (THB4.4B).
Debt to Equity History and Analysis
Debt Level: PRIN-R's net debt to equity ratio (110.7%) is considered high.
Reducing Debt: PRIN-R's debt to equity ratio has reduced from 117% to 112.3% over the past 5 years.
Debt Coverage: PRIN-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRIN-R's interest payments on its debt are not well covered by EBIT (2.6x coverage).