Interhides Balance Sheet Health
Financial Health criteria checks 1/6
Interhides has a total shareholder equity of THB1.7B and total debt of THB1.7B, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are THB3.9B and THB2.2B respectively. Interhides's EBIT is THB110.3M making its interest coverage ratio 1.6. It has cash and short-term investments of THB14.4M.
Key information
99.9%
Debt to equity ratio
฿1.68b
Debt
| Interest coverage ratio | 1.6x |
| Cash | ฿14.42m |
| Equity | ฿1.68b |
| Total liabilities | ฿2.19b |
| Total assets | ฿3.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IHL-R's short term assets (THB1.7B) do not cover its short term liabilities (THB1.9B).
Long Term Liabilities: IHL-R's short term assets (THB1.7B) exceed its long term liabilities (THB315.3M).
Debt to Equity History and Analysis
Debt Level: IHL-R's net debt to equity ratio (99%) is considered high.
Reducing Debt: IHL-R's debt to equity ratio has increased from 90.3% to 99.9% over the past 5 years.
Debt Coverage: IHL-R's debt is not well covered by operating cash flow (9.8%).
Interest Coverage: IHL-R's interest payments on its debt are not well covered by EBIT (1.6x coverage).