TTW Balance Sheet Health
Financial Health criteria checks 5/6
TTW has a total shareholder equity of THB15.3B and total debt of THB4.3B, which brings its debt-to-equity ratio to 28%. Its total assets and total liabilities are THB20.3B and THB5.0B respectively. TTW's EBIT is THB3.3B making its interest coverage ratio 24.3. It has cash and short-term investments of THB3.0B.
Key information
28.0%
Debt to equity ratio
฿4.28b
Debt
| Interest coverage ratio | 24.3x |
| Cash | ฿3.03b |
| Equity | ฿15.28b |
| Total liabilities | ฿5.00b |
| Total assets | ฿20.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F1P2's short term assets (THB3.5B) exceed its short term liabilities (THB1.1B).
Long Term Liabilities: F1P2's short term assets (THB3.5B) do not cover its long term liabilities (THB3.9B).
Debt to Equity History and Analysis
Debt Level: F1P2's net debt to equity ratio (8.2%) is considered satisfactory.
Reducing Debt: F1P2's debt to equity ratio has reduced from 82.4% to 28% over the past 5 years.
Debt Coverage: F1P2's debt is well covered by operating cash flow (87.5%).
Interest Coverage: F1P2's interest payments on its debt are well covered by EBIT (24.3x coverage).