CH. Karnchang Balance Sheet Health
Financial Health criteria checks 1/6
CH. Karnchang has a total shareholder equity of THB26.3B and total debt of THB57.0B, which brings its debt-to-equity ratio to 217%. Its total assets and total liabilities are THB98.8B and THB72.6B respectively. CH. Karnchang's EBIT is THB853.6M making its interest coverage ratio 1.1. It has cash and short-term investments of THB6.6B.
Key information
217.0%
Debt to equity ratio
฿56.96b
Debt
Interest coverage ratio | 1.1x |
Cash | ฿6.61b |
Equity | ฿26.25b |
Total liabilities | ฿72.58b |
Total assets | ฿98.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CK's short term assets (THB33.9B) exceed its short term liabilities (THB28.8B).
Long Term Liabilities: CK's short term assets (THB33.9B) do not cover its long term liabilities (THB43.8B).
Debt to Equity History and Analysis
Debt Level: CK's net debt to equity ratio (191.8%) is considered high.
Reducing Debt: CK's debt to equity ratio has increased from 144.6% to 217% over the past 5 years.
Debt Coverage: CK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CK's interest payments on its debt are not well covered by EBIT (1.1x coverage).