TPC Power Holding Balance Sheet Health
Financial Health criteria checks 1/6
TPC Power Holding has a total shareholder equity of THB3.9B and total debt of THB3.7B, which brings its debt-to-equity ratio to 94.9%. Its total assets and total liabilities are THB7.8B and THB4.0B respectively. TPC Power Holding's EBIT is THB470.0M making its interest coverage ratio 2.8. It has cash and short-term investments of THB580.5M.
Key information
94.9%
Debt to equity ratio
฿3.67b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ฿580.49m |
| Equity | ฿3.87b |
| Total liabilities | ฿3.97b |
| Total assets | ฿7.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPCH's short term assets (THB2.2B) exceed its short term liabilities (THB1.0B).
Long Term Liabilities: TPCH's short term assets (THB2.2B) do not cover its long term liabilities (THB3.0B).
Debt to Equity History and Analysis
Debt Level: TPCH's net debt to equity ratio (79.9%) is considered high.
Reducing Debt: TPCH's debt to equity ratio has increased from 80.6% to 94.9% over the past 5 years.
Debt Coverage: TPCH's debt is not well covered by operating cash flow (17.8%).
Interest Coverage: TPCH's interest payments on its debt are not well covered by EBIT (2.8x coverage).