True Corporation Balance Sheet Health
Financial Health criteria checks 1/6
True has a total shareholder equity of THB102.3B and total debt of THB366.8B, which brings its debt-to-equity ratio to 358.5%. Its total assets and total liabilities are THB788.9B and THB686.6B respectively.
Key information
358.5%
Debt to equity ratio
฿366.75b
Debt
| Interest coverage ratio | n/a |
| Cash | ฿27.08b |
| Equity | ฿102.30b |
| Total liabilities | ฿686.57b |
| Total assets | ฿788.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAF0's short term assets (THB108.3B) do not cover its short term liabilities (THB239.5B).
Long Term Liabilities: TAF0's short term assets (THB108.3B) do not cover its long term liabilities (THB447.1B).
Debt to Equity History and Analysis
Debt Level: TAF0's net debt to equity ratio (332%) is considered high.
Reducing Debt: TAF0's debt to equity ratio has increased from 93.5% to 358.5% 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: TAF0 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TAF0 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.