TPI Polene Power Balance Sheet Health
Financial Health criteria checks 2/6
TPI Polene Power has a total shareholder equity of THB33.8B and total debt of THB26.2B, which brings its debt-to-equity ratio to 77.3%. Its total assets and total liabilities are THB65.2B and THB31.4B respectively. TPI Polene Power's EBIT is THB3.4B making its interest coverage ratio 28.2. It has cash and short-term investments of THB3.8B.
Key information
77.3%
Debt to equity ratio
฿26.16b
Debt
| Interest coverage ratio | 28.2x |
| Cash | ฿3.82b |
| Equity | ฿33.83b |
| Total liabilities | ฿31.37b |
| Total assets | ฿65.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPIPP-R's short term assets (THB9.4B) exceed its short term liabilities (THB3.7B).
Long Term Liabilities: TPIPP-R's short term assets (THB9.4B) do not cover its long term liabilities (THB27.7B).
Debt to Equity History and Analysis
Debt Level: TPIPP-R's net debt to equity ratio (66%) is considered high.
Reducing Debt: TPIPP-R's debt to equity ratio has increased from 30% to 77.3% over the past 5 years.
Debt Coverage: TPIPP-R's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: TPIPP-R's interest payments on its debt are well covered by EBIT (28.2x coverage).