Arrow Syndicate Balance Sheet Health
Financial Health criteria checks 6/6
Arrow Syndicate has a total shareholder equity of THB1.2B and total debt of THB170.4M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are THB1.6B and THB373.0M respectively. Arrow Syndicate's EBIT is THB144.6M making its interest coverage ratio 21.5. It has cash and short-term investments of THB111.0M.
Key information
13.8%
Debt to equity ratio
฿170.42m
Debt
| Interest coverage ratio | 21.5x |
| Cash | ฿111.01m |
| Equity | ฿1.24b |
| Total liabilities | ฿373.01m |
| Total assets | ฿1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARROW's short term assets (THB1.1B) exceed its short term liabilities (THB327.2M).
Long Term Liabilities: ARROW's short term assets (THB1.1B) exceed its long term liabilities (THB45.8M).
Debt to Equity History and Analysis
Debt Level: ARROW's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: ARROW's debt to equity ratio has reduced from 24.7% to 13.8% over the past 5 years.
Debt Coverage: ARROW's debt is well covered by operating cash flow (112.7%).
Interest Coverage: ARROW's interest payments on its debt are well covered by EBIT (21.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 02:39 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Arrow Syndicate Public Company Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Watcharain Jongyanyong | Globlex Securities Co. Ltd. |
| Danai Tunyaphisitchai | Phillip Securities (Thailand) PCL |