TPI Polene Power Balance Sheet Health
Financial Health criteria checks 3/6
TPI Polene Power has a total shareholder equity of THB31.0B and total debt of THB20.2B, which brings its debt-to-equity ratio to 65.2%. Its total assets and total liabilities are THB53.8B and THB22.8B respectively. TPI Polene Power's EBIT is THB3.3B making its interest coverage ratio 344.5. It has cash and short-term investments of THB6.7B.
Key information
65.2%
Debt to equity ratio
฿20.22b
Debt
Interest coverage ratio | 344.5x |
Cash | ฿6.68b |
Equity | ฿31.00b |
Total liabilities | ฿22.82b |
Total assets | ฿53.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPIPP-F's short term assets (THB11.6B) exceed its short term liabilities (THB5.9B).
Long Term Liabilities: TPIPP-F's short term assets (THB11.6B) do not cover its long term liabilities (THB16.9B).
Debt to Equity History and Analysis
Debt Level: TPIPP-F's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: Insufficient data to determine if TPIPP-F's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TPIPP-F's debt is well covered by operating cash flow (24.4%).
Interest Coverage: TPIPP-F's interest payments on its debt are well covered by EBIT (344.5x coverage).