Proud Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Proud Real Estate has a total shareholder equity of THB1.5B and total debt of THB4.8B, which brings its debt-to-equity ratio to 318%. Its total assets and total liabilities are THB10.0B and THB8.5B respectively. Proud Real Estate's EBIT is THB188.3M making its interest coverage ratio 7.2. It has cash and short-term investments of THB867.5M.
Key information
318.0%
Debt to equity ratio
฿4.80b
Debt
Interest coverage ratio | 7.2x |
Cash | ฿867.47m |
Equity | ฿1.51b |
Total liabilities | ฿8.49b |
Total assets | ฿10.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROUD's short term assets (THB9.7B) exceed its short term liabilities (THB3.0B).
Long Term Liabilities: PROUD's short term assets (THB9.7B) exceed its long term liabilities (THB5.5B).
Debt to Equity History and Analysis
Debt Level: PROUD's net debt to equity ratio (260.5%) is considered high.
Reducing Debt: PROUD's debt to equity ratio has increased from 69.2% to 318% over the past 5 years.
Debt Coverage: PROUD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PROUD's interest payments on its debt are well covered by EBIT (7.2x coverage).