M P J Logistics Balance Sheet Health
Financial Health criteria checks 3/6
M P J Logistics has a total shareholder equity of THB356.2M and total debt of THB301.9M, which brings its debt-to-equity ratio to 84.8%. Its total assets and total liabilities are THB1.2B and THB811.8M respectively. M P J Logistics's EBIT is THB89.1M making its interest coverage ratio 3.1. It has cash and short-term investments of THB28.8M.
Key information
84.8%
Debt to equity ratio
฿301.94m
Debt
| Interest coverage ratio | 3.1x |
| Cash | ฿28.84m |
| Equity | ฿356.24m |
| Total liabilities | ฿811.85m |
| Total assets | ฿1.17b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: MPJ-R's short term assets (THB225.6M) exceed its short term liabilities (THB145.1M).
Long Term Liabilities: MPJ-R's short term assets (THB225.6M) do not cover its long term liabilities (THB666.7M).
Debt to Equity History and Analysis
Debt Level: MPJ-R's net debt to equity ratio (76.7%) is considered high.
Reducing Debt: Insufficient data to determine if MPJ-R's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MPJ-R's debt is well covered by operating cash flow (36.4%).
Interest Coverage: MPJ-R's interest payments on its debt are well covered by EBIT (3.1x coverage).