Asefa Balance Sheet Health
Financial Health criteria checks 4/6
Asefa has a total shareholder equity of THB1.6B and total debt of THB849.3M, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are THB3.3B and THB1.8B respectively. Asefa's EBIT is THB216.7M making its interest coverage ratio 15.1. It has cash and short-term investments of THB247.3M.
Key information
53.8%
Debt to equity ratio
฿849.28m
Debt
Interest coverage ratio | 15.1x |
Cash | ฿247.30m |
Equity | ฿1.58b |
Total liabilities | ฿1.75b |
Total assets | ฿3.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASEFA's short term assets (THB2.3B) exceed its short term liabilities (THB1.7B).
Long Term Liabilities: ASEFA's short term assets (THB2.3B) exceed its long term liabilities (THB93.9M).
Debt to Equity History and Analysis
Debt Level: ASEFA's net debt to equity ratio (38.1%) is considered satisfactory.
Reducing Debt: ASEFA's debt to equity ratio has increased from 15.5% to 53.8% over the past 5 years.
Debt Coverage: ASEFA's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: ASEFA's interest payments on its debt are well covered by EBIT (15.1x coverage).