Premier Technology Balance Sheet Health
Financial Health criteria checks 6/6
Premier Technology has a total shareholder equity of THB773.1M and total debt of THB60.0M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are THB2.4B and THB1.6B respectively. Premier Technology's EBIT is THB388.6M making its interest coverage ratio 90.2. It has cash and short-term investments of THB22.1M.
Key information
7.8%
Debt to equity ratio
฿60.00m
Debt
| Interest coverage ratio | 90.2x |
| Cash | ฿22.12m |
| Equity | ฿773.09m |
| Total liabilities | ฿1.64b |
| Total assets | ฿2.41b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PT-F's short term assets (THB2.0B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: PT-F's short term assets (THB2.0B) exceed its long term liabilities (THB180.2M).
Debt to Equity History and Analysis
Debt Level: PT-F's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: PT-F's debt to equity ratio has reduced from 31% to 7.8% over the past 5 years.
Debt Coverage: PT-F's debt is well covered by operating cash flow (112.7%).
Interest Coverage: PT-F's interest payments on its debt are well covered by EBIT (90.2x coverage).