Asia Green Energy Balance Sheet Health
Financial Health criteria checks 4/6
Asia Green Energy has a total shareholder equity of THB3.4B and total debt of THB3.3B, which brings its debt-to-equity ratio to 98.8%. Its total assets and total liabilities are THB7.5B and THB4.2B respectively. Asia Green Energy's EBIT is THB478.2M making its interest coverage ratio 2.6. It has cash and short-term investments of THB234.4M.
Key information
98.8%
Debt to equity ratio
฿3.32b
Debt
Interest coverage ratio | 2.6x |
Cash | ฿234.40m |
Equity | ฿3.36b |
Total liabilities | ฿4.18b |
Total assets | ฿7.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: AGE's short term assets (THB4.6B) exceed its short term liabilities (THB2.5B).
Long Term Liabilities: AGE's short term assets (THB4.6B) exceed its long term liabilities (THB1.6B).
Debt to Equity History and Analysis
Debt Level: AGE's net debt to equity ratio (91.8%) is considered high.
Reducing Debt: AGE's debt to equity ratio has reduced from 172.6% to 98.8% over the past 5 years.
Debt Coverage: AGE's debt is well covered by operating cash flow (43.6%).
Interest Coverage: AGE's interest payments on its debt are not well covered by EBIT (2.6x coverage).