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 THB1.5B, which brings its debt-to-equity ratio to 88.1%. Its total assets and total liabilities are THB6.7B and THB5.0B respectively. Christiani & Nielsen (Thai)'s EBIT is THB38.2M making its interest coverage ratio -7.4. It has cash and short-term investments of THB50.3M.
Key information
88.1%
Debt to equity ratio
฿1.48b
Debt
Interest coverage ratio | -7.4x |
Cash | ฿50.31m |
Equity | ฿1.68b |
Total liabilities | ฿5.00b |
Total assets | ฿6.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNT's short term assets (THB4.4B) do not cover its short term liabilities (THB4.7B).
Long Term Liabilities: CNT's short term assets (THB4.4B) exceed its long term liabilities (THB349.3M).
Debt to Equity History and Analysis
Debt Level: CNT's net debt to equity ratio (85.1%) is considered high.
Reducing Debt: CNT's debt to equity ratio has increased from 3.8% to 88.1% over the past 5 years.
Debt Coverage: CNT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: CNT earns more interest than it pays, so coverage of interest payments is not a concern.