Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 2/6
Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust has a total shareholder equity of THB3.5B and total debt of THB1.6B, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are THB5.4B and THB1.9B respectively. Prospect Logistics and Industrial Freehold and Leasehold Real Estate Investment Trust's EBIT is THB419.2M making its interest coverage ratio 4.8. It has cash and short-term investments of THB43.1M.
Key information
47.2%
Debt to equity ratio
฿1.65b
Debt
| Interest coverage ratio | 4.8x |
| Cash | ฿43.13m |
| Equity | ฿3.49b |
| Total liabilities | ฿1.93b |
| Total assets | ฿5.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROSPECT's short term assets (THB96.6M) exceed its short term liabilities (THB61.9M).
Long Term Liabilities: PROSPECT's short term assets (THB96.6M) do not cover its long term liabilities (THB1.9B).
Debt to Equity History and Analysis
Debt Level: PROSPECT's net debt to equity ratio (46%) is considered high.
Reducing Debt: Insufficient data to determine if PROSPECT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PROSPECT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PROSPECT's interest payments on its debt are well covered by EBIT (4.8x coverage).