Premier Technology Balance Sheet Health
Financial Health criteria checks 6/6
Premier Technology has a total shareholder equity of THB739.6M and total debt of THB45.0M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are THB2.1B and THB1.3B respectively. Premier Technology's EBIT is THB386.3M making its interest coverage ratio 93.1. It has cash and short-term investments of THB54.6M.
Key information
6.1%
Debt to equity ratio
฿45.00m
Debt
| Interest coverage ratio | 93.1x |
| Cash | ฿54.59m |
| Equity | ฿739.65m |
| Total liabilities | ฿1.32b |
| Total assets | ฿2.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PT's short term assets (THB1.7B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: PT's short term assets (THB1.7B) exceed its long term liabilities (THB184.3M).
Debt to Equity History and Analysis
Debt Level: PT has more cash than its total debt.
Reducing Debt: PT's debt to equity ratio has reduced from 41.2% to 6.1% over the past 5 years.
Debt Coverage: PT's debt is well covered by operating cash flow (252%).
Interest Coverage: PT's interest payments on its debt are well covered by EBIT (93.1x coverage).