PROEN Corp Balance Sheet Health
Financial Health criteria checks 1/6
PROEN Corp has a total shareholder equity of THB559.3M and total debt of THB740.7M, which brings its debt-to-equity ratio to 132.4%. Its total assets and total liabilities are THB1.8B and THB1.2B respectively. PROEN Corp's EBIT is THB42.3M making its interest coverage ratio 1.9. It has cash and short-term investments of THB227.2M.
Key information
132.4%
Debt to equity ratio
฿740.66m
Debt
Interest coverage ratio | 1.9x |
Cash | ฿227.21m |
Equity | ฿559.30m |
Total liabilities | ฿1.24b |
Total assets | ฿1.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PROEN's short term assets (THB1.0B) do not cover its short term liabilities (THB1.0B).
Long Term Liabilities: PROEN's short term assets (THB1.0B) exceed its long term liabilities (THB205.4M).
Debt to Equity History and Analysis
Debt Level: PROEN's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: PROEN's debt to equity ratio has increased from 115.8% to 132.4% over the past 5 years.
Debt Coverage: PROEN's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PROEN's interest payments on its debt are not well covered by EBIT (1.9x coverage).