Phol Dhanya Balance Sheet Health
Financial Health criteria checks 6/6
Phol Dhanya has a total shareholder equity of THB389.9M and total debt of THB80.4M, which brings its debt-to-equity ratio to 20.6%. Its total assets and total liabilities are THB645.4M and THB255.5M respectively. Phol Dhanya's EBIT is THB88.7M making its interest coverage ratio 35. It has cash and short-term investments of THB50.6M.
Key information
20.6%
Debt to equity ratio
฿80.44m
Debt
Interest coverage ratio | 35x |
Cash | ฿50.62m |
Equity | ฿389.86m |
Total liabilities | ฿255.51m |
Total assets | ฿645.37m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHOL's short term assets (THB471.3M) exceed its short term liabilities (THB220.0M).
Long Term Liabilities: PHOL's short term assets (THB471.3M) exceed its long term liabilities (THB35.5M).
Debt to Equity History and Analysis
Debt Level: PHOL's net debt to equity ratio (7.7%) is considered satisfactory.
Reducing Debt: PHOL's debt to equity ratio has reduced from 49% to 20.6% over the past 5 years.
Debt Coverage: PHOL's debt is well covered by operating cash flow (47.3%).
Interest Coverage: PHOL's interest payments on its debt are well covered by EBIT (35x coverage).