Phol Dhanya Balance Sheet Health
Financial Health criteria checks 5/6
Phol Dhanya has a total shareholder equity of THB381.2M and total debt of THB93.0M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are THB632.0M and THB250.8M respectively. Phol Dhanya's EBIT is THB80.1M making its interest coverage ratio 25.4. It has cash and short-term investments of THB46.3M.
Key information
24.4%
Debt to equity ratio
฿93.02m
Debt
| Interest coverage ratio | 25.4x |
| Cash | ฿46.27m |
| Equity | ฿381.21m |
| Total liabilities | ฿250.80m |
| Total assets | ฿632.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHOL-R's short term assets (THB468.2M) exceed its short term liabilities (THB214.8M).
Long Term Liabilities: PHOL-R's short term assets (THB468.2M) exceed its long term liabilities (THB36.0M).
Debt to Equity History and Analysis
Debt Level: PHOL-R's net debt to equity ratio (12.3%) is considered satisfactory.
Reducing Debt: PHOL-R's debt to equity ratio has reduced from 40.1% to 24.4% over the past 5 years.
Debt Coverage: PHOL-R's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: PHOL-R's interest payments on its debt are well covered by EBIT (25.4x coverage).