Prime Road Power Balance Sheet Health
Financial Health criteria checks 1/6
Prime Road Power has a total shareholder equity of THB2.3B and total debt of THB5.8B, which brings its debt-to-equity ratio to 247.3%. Its total assets and total liabilities are THB9.2B and THB6.9B respectively.
Key information
247.3%
Debt to equity ratio
฿5.81b
Debt
Interest coverage ratio | n/a |
Cash | ฿285.52m |
Equity | ฿2.35b |
Total liabilities | ฿6.89b |
Total assets | ฿9.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRIME's short term assets (THB1.5B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: PRIME's short term assets (THB1.5B) do not cover its long term liabilities (THB5.5B).
Debt to Equity History and Analysis
Debt Level: PRIME's net debt to equity ratio (235.2%) is considered high.
Reducing Debt: PRIME's debt to equity ratio has increased from 87% to 247.3% over the past 5 years.
Debt Coverage: PRIME's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if PRIME's interest payments on its debt are well covered by EBIT.