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 THB5.4B, which brings its debt-to-equity ratio to 136.9%. Its total assets and total liabilities are THB9.8B and THB5.8B respectively. TPC Power Holding's EBIT is THB603.8M making its interest coverage ratio 3.3. It has cash and short-term investments of THB571.1M.
Key information
136.9%
Debt to equity ratio
฿5.40b
Debt
| Interest coverage ratio | 3.3x |
| Cash | ฿571.11m |
| Equity | ฿3.94b |
| Total liabilities | ฿5.82b |
| Total assets | ฿9.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPCH-F's short term assets (THB1.8B) exceed its short term liabilities (THB1.3B).
Long Term Liabilities: TPCH-F's short term assets (THB1.8B) do not cover its long term liabilities (THB4.5B).
Debt to Equity History and Analysis
Debt Level: TPCH-F's net debt to equity ratio (122.5%) is considered high.
Reducing Debt: TPCH-F's debt to equity ratio has increased from 73.7% to 136.9% over the past 5 years.
Debt Coverage: TPCH-F's debt is not well covered by operating cash flow (14%).
Interest Coverage: TPCH-F's interest payments on its debt are well covered by EBIT (3.3x coverage).