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 THB2.2B and THB644.6M respectively. Thai Steel Cable's EBIT is THB285.4M making its interest coverage ratio 1698.9. It has cash and short-term investments of THB392.7M.
Key information
0%
Debt to equity ratio
฿0
Debt
Interest coverage ratio | 1698.9x |
Cash | ฿392.71m |
Equity | ฿1.52b |
Total liabilities | ฿644.63m |
Total assets | ฿2.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TSC's short term assets (THB1.1B) exceed its short term liabilities (THB499.5M).
Long Term Liabilities: TSC's short term assets (THB1.1B) exceed its long term liabilities (THB145.1M).
Debt to Equity History and Analysis
Debt Level: TSC is debt free.
Reducing Debt: TSC has no debt compared to 5 years ago when its debt to equity ratio was 1%.
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.