Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust has a total shareholder equity of THB6.8B and total debt of THB2.0B, which brings its debt-to-equity ratio to 30.3%. Its total assets and total liabilities are THB9.5B and THB2.7B respectively. Thailand Prime Property Freehold and Leasehold Real Estate Investment Trust's EBIT is THB489.3M making its interest coverage ratio 8.4. It has cash and short-term investments of THB710.2M.
Key information
30.3%
Debt to equity ratio
฿2.05b
Debt
| Interest coverage ratio | 8.4x |
| Cash | ฿710.15m |
| Equity | ฿6.75b |
| Total liabilities | ฿2.74b |
| Total assets | ฿9.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPRIME-F's short term assets (THB723.8M) exceed its short term liabilities (THB71.6M).
Long Term Liabilities: TPRIME-F's short term assets (THB723.8M) do not cover its long term liabilities (THB2.7B).
Debt to Equity History and Analysis
Debt Level: TPRIME-F's net debt to equity ratio (19.8%) is considered satisfactory.
Reducing Debt: TPRIME-F's debt to equity ratio has reduced from 34.6% to 30.3% over the past 5 years.
Debt Coverage: TPRIME-F's debt is well covered by operating cash flow (20.8%).
Interest Coverage: TPRIME-F's interest payments on its debt are well covered by EBIT (8.4x coverage).