Planet Communications Asia Balance Sheet Health
Financial Health criteria checks 3/6
Planet Communications Asia has a total shareholder equity of THB478.6M and total debt of THB290.8M, which brings its debt-to-equity ratio to 60.8%. Its total assets and total liabilities are THB1.3B and THB832.3M respectively.
Key information
60.8%
Debt to equity ratio
฿290.80m
Debt
| Interest coverage ratio | n/a |
| Cash | ฿18.00m |
| Equity | ฿478.58m |
| Total liabilities | ฿832.31m |
| Total assets | ฿1.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLANET-R's short term assets (THB385.0M) do not cover its short term liabilities (THB541.1M).
Long Term Liabilities: PLANET-R's short term assets (THB385.0M) exceed its long term liabilities (THB291.2M).
Debt to Equity History and Analysis
Debt Level: PLANET-R's net debt to equity ratio (57%) is considered high.
Reducing Debt: PLANET-R's debt to equity ratio has increased from 53.6% to 60.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: PLANET-R has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PLANET-R is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.