PTT Global Chemical Balance Sheet Health
Financial Health criteria checks 1/6
PTT Global Chemical has a total shareholder equity of THB297.3B and total debt of THB252.8B, which brings its debt-to-equity ratio to 85.1%. Its total assets and total liabilities are THB713.3B and THB416.0B respectively. PTT Global Chemical's EBIT is THB15.6B making its interest coverage ratio 1.5. It has cash and short-term investments of THB29.9B.
Key information
85.1%
Debt to equity ratio
฿252.84b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ฿29.94b |
| Equity | ฿297.27b |
| Total liabilities | ฿416.02b |
| Total assets | ฿713.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PTGC.F's short term assets (THB185.8B) exceed its short term liabilities (THB155.7B).
Long Term Liabilities: PTGC.F's short term assets (THB185.8B) do not cover its long term liabilities (THB260.3B).
Debt to Equity History and Analysis
Debt Level: PTGC.F's net debt to equity ratio (75%) is considered high.
Reducing Debt: PTGC.F's debt to equity ratio has increased from 30% to 85.1% over the past 5 years.
Debt Coverage: PTGC.F's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: PTGC.F's interest payments on its debt are not well covered by EBIT (1.5x coverage).