Practical Solution Balance Sheet Health
Financial Health criteria checks 6/6
Practical Solution has a total shareholder equity of THB640.6M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.2B and THB568.5M respectively. Practical Solution's EBIT is THB154.0M making its interest coverage ratio -129.9. It has cash and short-term investments of THB117.3M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | -129.9x |
| Cash | ฿117.28m |
| Equity | ฿640.58m |
| Total liabilities | ฿568.48m |
| Total assets | ฿1.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPS's short term assets (THB829.8M) exceed its short term liabilities (THB423.3M).
Long Term Liabilities: TPS's short term assets (THB829.8M) exceed its long term liabilities (THB145.2M).
Debt to Equity History and Analysis
Debt Level: TPS is debt free.
Reducing Debt: TPS has no debt compared to 5 years ago when its debt to equity ratio was 20.8%.
Debt Coverage: TPS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TPS has no debt, therefore coverage of interest payments is not a concern.