Cho Thavee Balance Sheet Health
Financial Health criteria checks 4/6
Cho Thavee has a total shareholder equity of THB528.6M and total debt of THB1.6B, which brings its debt-to-equity ratio to 310.3%. Its total assets and total liabilities are THB3.3B and THB2.7B respectively.
Key information
310.3%
Debt to equity ratio
฿1.64b
Debt
Interest coverage ratio | n/a |
Cash | ฿278.54m |
Equity | ฿528.61m |
Total liabilities | ฿2.75b |
Total assets | ฿3.28b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CHO's short term assets (THB1.6B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: CHO's short term assets (THB1.6B) exceed its long term liabilities (THB1.3B).
Debt to Equity History and Analysis
Debt Level: CHO's net debt to equity ratio (257.6%) is considered high.
Reducing Debt: CHO's debt to equity ratio has increased from 251.9% to 310.3% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable CHO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CHO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.8% per year.