Prime Office Leasehold Property Fund Balance Sheet Health
Financial Health criteria checks 6/6
Prime Office Leasehold Property Fund has a total shareholder equity of THB4.9B and total debt of THB133.4M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are THB5.5B and THB605.7M respectively. Prime Office Leasehold Property Fund's EBIT is THB665.4M making its interest coverage ratio 42.7. It has cash and short-term investments of THB720.0M.
Key information
2.7%
Debt to equity ratio
฿133.40m
Debt
| Interest coverage ratio | 42.7x |
| Cash | ฿720.04m |
| Equity | ฿4.87b |
| Total liabilities | ฿605.73m |
| Total assets | ฿5.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POPF's short term assets (THB753.0M) exceed its short term liabilities (THB14.0M).
Long Term Liabilities: POPF's short term assets (THB753.0M) exceed its long term liabilities (THB591.7M).
Debt to Equity History and Analysis
Debt Level: POPF has more cash than its total debt.
Reducing Debt: POPF's debt to equity ratio has reduced from 6.9% to 2.7% over the past 5 years.
Debt Coverage: POPF's debt is well covered by operating cash flow (447.2%).
Interest Coverage: POPF's interest payments on its debt are well covered by EBIT (42.7x coverage).