Thai Parcels Balance Sheet Health
Financial Health criteria checks 5/6
Thai Parcels has a total shareholder equity of THB815.9M and total debt of THB62.6M, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are THB1.0B and THB186.2M respectively.
Key information
7.7%
Debt to equity ratio
฿62.61m
Debt
Interest coverage ratio | n/a |
Cash | ฿339.99m |
Equity | ฿815.89m |
Total liabilities | ฿186.17m |
Total assets | ฿1.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPL-R's short term assets (THB422.2M) exceed its short term liabilities (THB100.6M).
Long Term Liabilities: TPL-R's short term assets (THB422.2M) exceed its long term liabilities (THB85.6M).
Debt to Equity History and Analysis
Debt Level: TPL-R has more cash than its total debt.
Reducing Debt: TPL-R's debt to equity ratio has reduced from 15% to 7.7% over the past 5 years.
Debt Coverage: TPL-R's debt is well covered by operating cash flow (40.9%).
Interest Coverage: Insufficient data to determine if TPL-R's interest payments on its debt are well covered by EBIT.