Interhides Balance Sheet Health
Financial Health criteria checks 1/6
Interhides has a total shareholder equity of THB1.6B and total debt of THB1.8B, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are THB4.0B and THB2.3B respectively. Interhides's EBIT is THB136.0M making its interest coverage ratio 2. It has cash and short-term investments of THB31.4M.
Key information
110.7%
Debt to equity ratio
฿1.80b
Debt
| Interest coverage ratio | 2x |
| Cash | ฿31.41m |
| Equity | ฿1.63b |
| Total liabilities | ฿2.33b |
| Total assets | ฿3.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IHL-R's short term assets (THB1.8B) do not cover its short term liabilities (THB2.0B).
Long Term Liabilities: IHL-R's short term assets (THB1.8B) exceed its long term liabilities (THB316.9M).
Debt to Equity History and Analysis
Debt Level: IHL-R's net debt to equity ratio (108.8%) is considered high.
Reducing Debt: IHL-R's debt to equity ratio has increased from 101.2% to 110.7% over the past 5 years.
Debt Coverage: IHL-R's debt is not well covered by operating cash flow (0.5%).
Interest Coverage: IHL-R's interest payments on its debt are not well covered by EBIT (2x coverage).