Christiani & Nielsen (Thai) Balance Sheet Health
Financial Health criteria checks 2/6
Christiani & Nielsen (Thai) has a total shareholder equity of THB1.7B and total debt of THB1.4B, which brings its debt-to-equity ratio to 81.7%. Its total assets and total liabilities are THB6.5B and THB4.8B respectively. Christiani & Nielsen (Thai)'s EBIT is THB46.4M making its interest coverage ratio -5.3. It has cash and short-term investments of THB170.4M.
Key information
81.7%
Debt to equity ratio
฿1.37b
Debt
Interest coverage ratio | -5.3x |
Cash | ฿170.37m |
Equity | ฿1.68b |
Total liabilities | ฿4.81b |
Total assets | ฿6.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNT-R's short term assets (THB4.2B) do not cover its short term liabilities (THB4.5B).
Long Term Liabilities: CNT-R's short term assets (THB4.2B) exceed its long term liabilities (THB337.0M).
Debt to Equity History and Analysis
Debt Level: CNT-R's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: CNT-R's debt to equity ratio has increased from 4.3% to 81.7% over the past 5 years.
Debt Coverage: CNT-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CNT-R earns more interest than it pays, so coverage of interest payments is not a concern.