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).