Premier Technology Balance Sheet Health
Financial Health criteria checks 5/6
Premier Technology has a total shareholder equity of THB717.7M and total debt of THB170.0M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are THB2.0B and THB1.3B respectively. Premier Technology's EBIT is THB323.8M making its interest coverage ratio 70.4. It has cash and short-term investments of THB164.8M.
Key information
23.7%
Debt to equity ratio
฿170.00m
Debt
| Interest coverage ratio | 70.4x |
| Cash | ฿164.76m |
| Equity | ฿717.69m |
| Total liabilities | ฿1.31b |
| Total assets | ฿2.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PT-R's short term assets (THB1.6B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: PT-R's short term assets (THB1.6B) exceed its long term liabilities (THB182.1M).
Debt to Equity History and Analysis
Debt Level: PT-R's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: PT-R's debt to equity ratio has increased from 13.2% to 23.7% over the past 5 years.
Debt Coverage: PT-R's debt is well covered by operating cash flow (271.5%).
Interest Coverage: PT-R's interest payments on its debt are well covered by EBIT (70.4x coverage).