Airports of Thailand Balance Sheet Health
Financial Health criteria checks 4/6
Airports of Thailand has a total shareholder equity of THB116.8B and total debt of THB8.4B, which brings its debt-to-equity ratio to 7.2%. Its total assets and total liabilities are THB194.3B and THB77.6B respectively. Airports of Thailand's EBIT is THB19.8B making its interest coverage ratio 7.1. It has cash and short-term investments of THB4.6B.
Key information
7.2%
Debt to equity ratio
฿8.38b
Debt
Interest coverage ratio | 7.1x |
Cash | ฿4.56b |
Equity | ฿116.76b |
Total liabilities | ฿77.58b |
Total assets | ฿194.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYVQ's short term assets (THB19.4B) do not cover its short term liabilities (THB20.4B).
Long Term Liabilities: NYVQ's short term assets (THB19.4B) do not cover its long term liabilities (THB57.2B).
Debt to Equity History and Analysis
Debt Level: NYVQ's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: NYVQ's debt to equity ratio has reduced from 12.6% to 7.2% over the past 5 years.
Debt Coverage: NYVQ's debt is well covered by operating cash flow (242.7%).
Interest Coverage: NYVQ's interest payments on its debt are well covered by EBIT (7.1x coverage).