T.Krungthai Industries Balance Sheet Health
Financial Health criteria checks 6/6
T.Krungthai Industries has a total shareholder equity of THB642.9M and total debt of THB319.0M, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are THB1.2B and THB537.0M respectively.
Key information
49.6%
Debt to equity ratio
฿319.00m
Debt
Interest coverage ratio | n/a |
Cash | ฿158.83m |
Equity | ฿642.88m |
Total liabilities | ฿536.99m |
Total assets | ฿1.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TKT's short term assets (THB558.0M) exceed its short term liabilities (THB476.2M).
Long Term Liabilities: TKT's short term assets (THB558.0M) exceed its long term liabilities (THB60.8M).
Debt to Equity History and Analysis
Debt Level: TKT's net debt to equity ratio (24.9%) is considered satisfactory.
Reducing Debt: TKT's debt to equity ratio has reduced from 129.7% to 49.6% 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 12.1% per year.