TPC Power Holding Balance Sheet Health
Financial Health criteria checks 2/6
TPC Power Holding has a total shareholder equity of THB3.9B and total debt of THB3.4B, which brings its debt-to-equity ratio to 88.4%. Its total assets and total liabilities are THB7.7B and THB3.9B respectively. TPC Power Holding's EBIT is THB481.6M making its interest coverage ratio 2.3. It has cash and short-term investments of THB266.8M.
Key information
88.4%
Debt to equity ratio
฿3.43b
Debt
Interest coverage ratio | 2.3x |
Cash | ฿266.82m |
Equity | ฿3.88b |
Total liabilities | ฿3.86b |
Total assets | ฿7.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPCH's short term assets (THB2.0B) do not cover its short term liabilities (THB2.4B).
Long Term Liabilities: TPCH's short term assets (THB2.0B) exceed its long term liabilities (THB1.5B).
Debt to Equity History and Analysis
Debt Level: TPCH's net debt to equity ratio (81.5%) is considered high.
Reducing Debt: TPCH's debt to equity ratio has increased from 66.2% to 88.4% over the past 5 years.
Debt Coverage: TPCH's debt is well covered by operating cash flow (20.7%).
Interest Coverage: TPCH's interest payments on its debt are not well covered by EBIT (2.3x coverage).