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's short term assets (THB9.4B) exceed its short term liabilities (THB3.7B).
Long Term Liabilities: TPIPP's short term assets (THB9.4B) do not cover its long term liabilities (THB27.7B).
Debt to Equity History and Analysis
Debt Level: TPIPP's net debt to equity ratio (66%) is considered high.
Reducing Debt: TPIPP's debt to equity ratio has increased from 30% to 77.3% over the past 5 years.
Debt Coverage: TPIPP's debt is not well covered by operating cash flow (18.3%).
Interest Coverage: TPIPP's interest payments on its debt are well covered by EBIT (28.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 05:30 |
| End of Day Share Price | 2024/12/25 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TPI Polene Power Public Company Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Suwat Sinsadok | BNP Paribas Securities (Asia) |
| Suwat Sinsadok | CGS International |
| Jesada Techahusdin | Maybank Research Pte. Ltd. |