Arrow Syndicate Balance Sheet Health
Financial Health criteria checks 6/6
Arrow Syndicate has a total shareholder equity of THB1.3B and total debt of THB128.3M, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are THB1.6B and THB333.4M respectively. Arrow Syndicate's EBIT is THB133.4M making its interest coverage ratio 16.4. It has cash and short-term investments of THB225.2M.
Key information
10.2%
Debt to equity ratio
฿128.31m
Debt
Interest coverage ratio | 16.4x |
Cash | ฿225.20m |
Equity | ฿1.26b |
Total liabilities | ฿333.39m |
Total assets | ฿1.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ARROW's short term assets (THB1.0B) exceed its short term liabilities (THB287.6M).
Long Term Liabilities: ARROW's short term assets (THB1.0B) exceed its long term liabilities (THB45.8M).
Debt to Equity History and Analysis
Debt Level: ARROW has more cash than its total debt.
Reducing Debt: ARROW's debt to equity ratio has reduced from 19.1% to 10.2% over the past 5 years.
Debt Coverage: ARROW's debt is well covered by operating cash flow (298.4%).
Interest Coverage: ARROW's interest payments on its debt are well covered by EBIT (16.4x coverage).