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 THB5.0B and total debt of THB173.0M, which brings its debt-to-equity ratio to 3.5%. Its total assets and total liabilities are THB5.6B and THB585.1M respectively. Prime Office Leasehold Property Fund's EBIT is THB638.8M making its interest coverage ratio 37. It has cash and short-term investments of THB800.0M.
Key information
3.5%
Debt to equity ratio
฿173.00m
Debt
Interest coverage ratio | 37x |
Cash | ฿799.98m |
Equity | ฿4.98b |
Total liabilities | ฿585.07m |
Total assets | ฿5.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: POPF's short term assets (THB829.8M) exceed its short term liabilities (THB16.8M).
Long Term Liabilities: POPF's short term assets (THB829.8M) exceed its long term liabilities (THB568.2M).
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 7.1% to 3.5% over the past 5 years.
Debt Coverage: POPF's debt is well covered by operating cash flow (354.6%).
Interest Coverage: POPF's interest payments on its debt are well covered by EBIT (37x coverage).