TPI Polene Power Balance Sheet Health
Financial Health criteria checks 3/6
TPI Polene Power has a total shareholder equity of THB33.2B and total debt of THB21.9B, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are THB59.8B and THB26.6B respectively. TPI Polene Power's EBIT is THB3.7B making its interest coverage ratio 133.9. It has cash and short-term investments of THB4.4B.
Key information
66.1%
Debt to equity ratio
฿21.94b
Debt
Interest coverage ratio | 133.9x |
Cash | ฿4.42b |
Equity | ฿33.20b |
Total liabilities | ฿26.57b |
Total assets | ฿59.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPIPP-R's short term assets (THB8.5B) exceed its short term liabilities (THB6.8B).
Long Term Liabilities: TPIPP-R's short term assets (THB8.5B) do not cover its long term liabilities (THB19.8B).
Debt to Equity History and Analysis
Debt Level: TPIPP-R's net debt to equity ratio (52.8%) is considered high.
Reducing Debt: TPIPP-R's debt to equity ratio has increased from 16% to 66.1% over the past 5 years.
Debt Coverage: TPIPP-R's debt is well covered by operating cash flow (23.2%).
Interest Coverage: TPIPP-R's interest payments on its debt are well covered by EBIT (133.9x coverage).