Primo Service Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Primo Service Solutions has a total shareholder equity of THB1.8B and total debt of THB41.8M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are THB2.6B and THB745.2M respectively. Primo Service Solutions's EBIT is THB449.9M making its interest coverage ratio -84.9. It has cash and short-term investments of THB745.7M.
Key information
2.3%
Debt to equity ratio
฿41.78m
Debt
Interest coverage ratio | -84.9x |
Cash | ฿745.67m |
Equity | ฿1.83b |
Total liabilities | ฿745.24m |
Total assets | ฿2.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRI-F's short term assets (THB2.0B) exceed its short term liabilities (THB619.3M).
Long Term Liabilities: PRI-F's short term assets (THB2.0B) exceed its long term liabilities (THB126.0M).
Debt to Equity History and Analysis
Debt Level: PRI-F has more cash than its total debt.
Reducing Debt: PRI-F's debt to equity ratio has increased from 2.2% to 2.3% over the past 5 years.
Debt Coverage: PRI-F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PRI-F earns more interest than it pays, so coverage of interest payments is not a concern.