Thai Steel Cable Balance Sheet Health
Financial Health criteria checks 6/6
Thai Steel Cable has a total shareholder equity of THB1.5B and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB2.1B and THB598.1M respectively. Thai Steel Cable's EBIT is THB295.4M making its interest coverage ratio 1823.3. It has cash and short-term investments of THB406.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 1823.3x |
| Cash | ฿406.68m |
| Equity | ฿1.50b |
| Total liabilities | ฿598.07m |
| Total assets | ฿2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSC's short term assets (THB1.0B) exceed its short term liabilities (THB457.1M).
Long Term Liabilities: TSC's short term assets (THB1.0B) exceed its long term liabilities (THB141.0M).
Debt to Equity History and Analysis
Debt Level: TSC is debt free.
Reducing Debt: TSC had no debt 5 years ago.
Debt Coverage: TSC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TSC has no debt, therefore coverage of interest payments is not a concern.