T.Krungthai Industries Balance Sheet Health
Financial Health criteria checks 6/6
T.Krungthai Industries has a total shareholder equity of THB641.1M and total debt of THB314.5M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are THB1.2B and THB548.4M respectively. T.Krungthai Industries's EBIT is THB9.7M making its interest coverage ratio 0.6. It has cash and short-term investments of THB195.5M.
Key information
49.1%
Debt to equity ratio
฿314.53m
Debt
| Interest coverage ratio | 0.6x |
| Cash | ฿195.54m |
| Equity | ฿641.08m |
| Total liabilities | ฿548.43m |
| Total assets | ฿1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKT's short term assets (THB560.7M) exceed its short term liabilities (THB444.3M).
Long Term Liabilities: TKT's short term assets (THB560.7M) exceed its long term liabilities (THB104.1M).
Debt to Equity History and Analysis
Debt Level: TKT's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: TKT's debt to equity ratio has reduced from 121.1% to 49.1% 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 TKT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TKT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 23% per year.