Asphere Innovations Balance Sheet Health
Financial Health criteria checks 5/6
Asphere Innovations has a total shareholder equity of THB1.3B and total debt of THB226.6M, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are THB1.8B and THB527.3M respectively. Asphere Innovations's EBIT is THB228.8M making its interest coverage ratio 17. It has cash and short-term investments of THB400.6M.
Key information
18.0%
Debt to equity ratio
฿226.62m
Debt
| Interest coverage ratio | 17x |
| Cash | ฿400.59m |
| Equity | ฿1.26b |
| Total liabilities | ฿527.34m |
| Total assets | ฿1.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5ASA's short term assets (THB562.6M) exceed its short term liabilities (THB380.3M).
Long Term Liabilities: 5ASA's short term assets (THB562.6M) exceed its long term liabilities (THB147.0M).
Debt to Equity History and Analysis
Debt Level: 5ASA has more cash than its total debt.
Reducing Debt: 5ASA's debt to equity ratio has increased from 11.3% to 18% over the past 5 years.
Debt Coverage: 5ASA's debt is well covered by operating cash flow (137.7%).
Interest Coverage: 5ASA's interest payments on its debt are well covered by EBIT (17x coverage).