Krungthai Card Balance Sheet Health
Financial Health criteria checks 3/6
Krungthai Card has a total shareholder equity of THB36.2B and total debt of THB62.0B, which brings its debt-to-equity ratio to 171.4%. Its total assets and total liabilities are THB107.5B and THB71.3B respectively.
Key information
171.4%
Debt to equity ratio
฿61.96b
Debt
Interest coverage ratio | n/a |
Cash | ฿4.30b |
Equity | ฿36.15b |
Total liabilities | ฿71.32b |
Total assets | ฿107.47b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: NVA8's short term assets (THB103.5B) exceed its short term liabilities (THB26.0B).
Long Term Liabilities: NVA8's short term assets (THB103.5B) exceed its long term liabilities (THB45.3B).
Debt to Equity History and Analysis
Debt Level: NVA8's net debt to equity ratio (159.5%) is considered high.
Reducing Debt: NVA8's debt to equity ratio has reduced from 311.5% to 171.4% over the past 5 years.
Debt Coverage: NVA8's debt is not well covered by operating cash flow (11.6%).
Interest Coverage: Insufficient data to determine if NVA8's interest payments on its debt are well covered by EBIT.