Asefa Balance Sheet Health
Financial Health criteria checks 5/6
Asefa has a total shareholder equity of THB1.6B and total debt of THB747.6M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are THB3.1B and THB1.5B respectively. Asefa's EBIT is THB190.3M making its interest coverage ratio 10.6. It has cash and short-term investments of THB226.9M.
Key information
47.2%
Debt to equity ratio
฿747.59m
Debt
Interest coverage ratio | 10.6x |
Cash | ฿226.90m |
Equity | ฿1.59b |
Total liabilities | ฿1.51b |
Total assets | ฿3.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASEFA-R's short term assets (THB2.0B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: ASEFA-R's short term assets (THB2.0B) exceed its long term liabilities (THB105.2M).
Debt to Equity History and Analysis
Debt Level: ASEFA-R's net debt to equity ratio (32.9%) is considered satisfactory.
Reducing Debt: ASEFA-R's debt to equity ratio has increased from 1.8% to 47.2% over the past 5 years.
Debt Coverage: ASEFA-R's debt is well covered by operating cash flow (26.3%).
Interest Coverage: ASEFA-R's interest payments on its debt are well covered by EBIT (10.6x coverage).