AAPICO Hitech Balance Sheet Health
Financial Health criteria checks 5/6
AAPICO Hitech has a total shareholder equity of THB11.0B and total debt of THB4.8B, which brings its debt-to-equity ratio to 43.8%. Its total assets and total liabilities are THB22.7B and THB11.7B respectively. AAPICO Hitech's EBIT is THB1.1B making its interest coverage ratio 3.1. It has cash and short-term investments of THB2.0B.
Key information
43.8%
Debt to equity ratio
฿4.80b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ฿2.01b |
| Equity | ฿10.96b |
| Total liabilities | ฿11.69b |
| Total assets | ฿22.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AH-R's short term assets (THB9.0B) do not cover its short term liabilities (THB9.8B).
Long Term Liabilities: AH-R's short term assets (THB9.0B) exceed its long term liabilities (THB1.9B).
Debt to Equity History and Analysis
Debt Level: AH-R's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: AH-R's debt to equity ratio has reduced from 77% to 43.8% over the past 5 years.
Debt Coverage: AH-R's debt is well covered by operating cash flow (26.2%).
Interest Coverage: AH-R's interest payments on its debt are well covered by EBIT (3.1x coverage).