Practical Solution Balance Sheet Health
Financial Health criteria checks 6/6
Practical Solution has a total shareholder equity of THB566.4M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB1.1B and THB532.1M respectively. Practical Solution's EBIT is THB144.1M making its interest coverage ratio -20.7. It has cash and short-term investments of THB139.0M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | -20.7x |
Cash | ฿138.97m |
Equity | ฿566.42m |
Total liabilities | ฿532.14m |
Total assets | ฿1.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPS's short term assets (THB741.7M) exceed its short term liabilities (THB395.5M).
Long Term Liabilities: TPS's short term assets (THB741.7M) exceed its long term liabilities (THB136.7M).
Debt to Equity History and Analysis
Debt Level: TPS is debt free.
Reducing Debt: TPS had no debt 5 years ago.
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.