Thai Auto Tools and Die Balance Sheet Health
Financial Health criteria checks 2/6
Thai Auto Tools and Die has a total shareholder equity of THB957.1M and total debt of THB640.4M, which brings its debt-to-equity ratio to 66.9%. Its total assets and total liabilities are THB2.2B and THB1.3B respectively. Thai Auto Tools and Die's EBIT is THB165.4M making its interest coverage ratio 3.6. It has cash and short-term investments of THB2.1M.
Key information
66.9%
Debt to equity ratio
฿640.35m
Debt
| Interest coverage ratio | 3.6x |
| Cash | ฿2.07m |
| Equity | ฿957.05m |
| Total liabilities | ฿1.27b |
| Total assets | ฿2.23b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TATG's short term assets (THB710.4M) do not cover its short term liabilities (THB893.6M).
Long Term Liabilities: TATG's short term assets (THB710.4M) exceed its long term liabilities (THB379.1M).
Debt to Equity History and Analysis
Debt Level: TATG's net debt to equity ratio (66.7%) is considered high.
Reducing Debt: Insufficient data to determine if TATG's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TATG's debt is not well covered by operating cash flow (14.6%).
Interest Coverage: TATG's interest payments on its debt are well covered by EBIT (3.6x coverage).