Italian-Thai Development Balance Sheet Health
Financial Health criteria checks 2/6
Italian-Thai Development has a total shareholder equity of THB5.7B and total debt of THB47.3B, which brings its debt-to-equity ratio to 834%. Its total assets and total liabilities are THB111.8B and THB106.1B respectively.
Key information
834.0%
Debt to equity ratio
฿47.29b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿4.34b |
| Equity | ฿5.67b |
| Total liabilities | ฿106.13b |
| Total assets | ฿111.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IU9's short term assets (THB59.7B) do not cover its short term liabilities (THB72.5B).
Long Term Liabilities: IU9's short term assets (THB59.7B) exceed its long term liabilities (THB33.6B).
Debt to Equity History and Analysis
Debt Level: IU9's net debt to equity ratio (757.4%) is considered high.
Reducing Debt: IU9's debt to equity ratio has increased from 283.4% to 834% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: IU9 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IU9 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.