Planet Communications Asia Balance Sheet Health
Financial Health criteria checks 6/6
Planet Communications Asia has a total shareholder equity of THB519.0M and total debt of THB171.9M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are THB1.3B and THB764.4M respectively.
Key information
33.1%
Debt to equity ratio
฿171.92m
Debt
Interest coverage ratio | n/a |
Cash | ฿25.82m |
Equity | ฿518.96m |
Total liabilities | ฿764.36m |
Total assets | ฿1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PLANET's short term assets (THB545.6M) exceed its short term liabilities (THB436.8M).
Long Term Liabilities: PLANET's short term assets (THB545.6M) exceed its long term liabilities (THB327.5M).
Debt to Equity History and Analysis
Debt Level: PLANET's net debt to equity ratio (28.2%) is considered satisfactory.
Reducing Debt: PLANET's debt to equity ratio has reduced from 57.4% to 33.1% 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 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PLANET is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.