Asphere Innovations Balance Sheet Health
Financial Health criteria checks 5/6
Asphere Innovations has a total shareholder equity of THB943.2M and total debt of THB403.3M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are THB1.7B and THB737.5M respectively. Asphere Innovations's EBIT is THB188.2M making its interest coverage ratio 25.6. It has cash and short-term investments of THB531.0M.
Key information
42.8%
Debt to equity ratio
฿403.32m
Debt
Interest coverage ratio | 25.6x |
Cash | ฿531.02m |
Equity | ฿943.21m |
Total liabilities | ฿737.51m |
Total assets | ฿1.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5ASA's short term assets (THB690.1M) exceed its short term liabilities (THB572.9M).
Long Term Liabilities: 5ASA's short term assets (THB690.1M) exceed its long term liabilities (THB164.6M).
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 10.5% to 42.8% over the past 5 years.
Debt Coverage: 5ASA's debt is well covered by operating cash flow (80.8%).
Interest Coverage: 5ASA's interest payments on its debt are well covered by EBIT (25.6x coverage).