Ingress Industrial (Thailand) Balance Sheet Health
Financial Health criteria checks 3/6
Ingress Industrial (Thailand) has a total shareholder equity of THB1.8B and total debt of THB2.8B, which brings its debt-to-equity ratio to 153%. Its total assets and total liabilities are THB6.8B and THB5.0B respectively. Ingress Industrial (Thailand)'s EBIT is THB320.3M making its interest coverage ratio 1.8. It has cash and short-term investments of THB470.6M.
Key information
153.0%
Debt to equity ratio
฿2.79b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ฿470.62m |
| Equity | ฿1.82b |
| Total liabilities | ฿4.96b |
| Total assets | ฿6.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: INGRS-R's short term assets (THB2.3B) do not cover its short term liabilities (THB3.0B).
Long Term Liabilities: INGRS-R's short term assets (THB2.3B) exceed its long term liabilities (THB1.9B).
Debt to Equity History and Analysis
Debt Level: INGRS-R's net debt to equity ratio (127.1%) is considered high.
Reducing Debt: INGRS-R's debt to equity ratio has increased from 36.4% to 153% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable INGRS-R has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INGRS-R is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.9% per year.