Christiani & Nielsen (Thai) Balance Sheet Health
Financial Health criteria checks 1/6
Christiani & Nielsen (Thai) has a total shareholder equity of THB1.7B and total debt of THB1.6B, which brings its debt-to-equity ratio to 93.9%. Its total assets and total liabilities are THB7.5B and THB5.8B respectively. Christiani & Nielsen (Thai)'s EBIT is THB62.3M making its interest coverage ratio 1. It has cash and short-term investments of THB116.7M.
Key information
93.9%
Debt to equity ratio
฿1.60b
Debt
| Interest coverage ratio | 1x |
| Cash | ฿116.73m |
| Equity | ฿1.71b |
| Total liabilities | ฿5.79b |
| Total assets | ฿7.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNT's short term assets (THB5.0B) do not cover its short term liabilities (THB5.4B).
Long Term Liabilities: CNT's short term assets (THB5.0B) exceed its long term liabilities (THB346.9M).
Debt to Equity History and Analysis
Debt Level: CNT's net debt to equity ratio (87.1%) is considered high.
Reducing Debt: CNT's debt to equity ratio has increased from 18.8% to 93.9% over the past 5 years.
Debt Coverage: CNT's debt is not well covered by operating cash flow (5.2%).
Interest Coverage: CNT's interest payments on its debt are not well covered by EBIT (1x coverage).