Asefa Balance Sheet Health
Financial Health criteria checks 5/6
Asefa has a total shareholder equity of THB1.8B and total debt of THB852.2M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are THB3.5B and THB1.7B respectively. Asefa's EBIT is THB115.2M making its interest coverage ratio 5.3. It has cash and short-term investments of THB191.8M.
Key information
46.5%
Debt to equity ratio
฿852.18m
Debt
| Interest coverage ratio | 5.3x |
| Cash | ฿191.80m |
| Equity | ฿1.83b |
| Total liabilities | ฿1.66b |
| Total assets | ฿3.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASEFA-R's short term assets (THB1.8B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: ASEFA-R's short term assets (THB1.8B) exceed its long term liabilities (THB181.8M).
Debt to Equity History and Analysis
Debt Level: ASEFA-R's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: ASEFA-R's debt to equity ratio has increased from 1.1% to 46.5% over the past 5 years.
Debt Coverage: ASEFA-R's debt is well covered by operating cash flow (37.7%).
Interest Coverage: ASEFA-R's interest payments on its debt are well covered by EBIT (5.3x coverage).