Prinsiri Balance Sheet Health
Financial Health criteria checks 3/6
Prinsiri has a total shareholder equity of THB5.3B and total debt of THB5.8B, which brings its debt-to-equity ratio to 110.3%. Its total assets and total liabilities are THB12.3B and THB7.0B respectively. Prinsiri's EBIT is THB464.2M making its interest coverage ratio 3.5. It has cash and short-term investments of THB211.9M.
Key information
110.3%
Debt to equity ratio
฿5.83b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ฿211.89m |
| Equity | ฿5.28b |
| Total liabilities | ฿7.02b |
| Total assets | ฿12.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIN's short term assets (THB6.6B) exceed its short term liabilities (THB2.8B).
Long Term Liabilities: PRIN's short term assets (THB6.6B) exceed its long term liabilities (THB4.3B).
Debt to Equity History and Analysis
Debt Level: PRIN's net debt to equity ratio (106.3%) is considered high.
Reducing Debt: PRIN's debt to equity ratio has increased from 86.7% to 110.3% over the past 5 years.
Debt Coverage: PRIN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRIN's interest payments on its debt are well covered by EBIT (3.5x coverage).