Precious Shipping Balance Sheet Health
Financial Health criteria checks 5/6
Precious Shipping has a total shareholder equity of THB15.9B and total debt of THB6.6B, which brings its debt-to-equity ratio to 41.5%. Its total assets and total liabilities are THB23.3B and THB7.3B respectively. Precious Shipping's EBIT is THB1.8B making its interest coverage ratio 4.3. It has cash and short-term investments of THB1.7B.
Key information
41.5%
Debt to equity ratio
฿6.61b
Debt
| Interest coverage ratio | 4.3x |
| Cash | ฿1.71b |
| Equity | ฿15.94b |
| Total liabilities | ฿7.33b |
| Total assets | ฿23.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PSL's short term assets (THB2.1B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: PSL's short term assets (THB2.1B) do not cover its long term liabilities (THB5.8B).
Debt to Equity History and Analysis
Debt Level: PSL's net debt to equity ratio (30.8%) is considered satisfactory.
Reducing Debt: PSL's debt to equity ratio has reduced from 111.2% to 41.5% over the past 5 years.
Debt Coverage: PSL's debt is well covered by operating cash flow (48.1%).
Interest Coverage: PSL's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 17:41 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Precious Shipping Public Company Limited is covered by 25 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jitra Amornthum | BNP Paribas Securities (Asia) |
| Kaseedit Choonnawat | BofA Global Research |
| Suppata Srisuk | Bualuang Securities PCL |