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 THB1.1B, which brings its debt-to-equity ratio to 62.9%. Its total assets and total liabilities are THB7.1B and THB5.4B respectively. Christiani & Nielsen (Thai)'s EBIT is THB45.4M making its interest coverage ratio -4. It has cash and short-term investments of THB132.0M.
Key information
62.9%
Debt to equity ratio
฿1.07b
Debt
| Interest coverage ratio | -4x |
| Cash | ฿132.05m |
| Equity | ฿1.70b |
| Total liabilities | ฿5.43b |
| Total assets | ฿7.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CNT's short term assets (THB4.6B) do not cover its short term liabilities (THB5.1B).
Long Term Liabilities: CNT's short term assets (THB4.6B) exceed its long term liabilities (THB347.8M).
Debt to Equity History and Analysis
Debt Level: CNT's net debt to equity ratio (55.2%) is considered high.
Reducing Debt: CNT's debt to equity ratio has increased from 20% to 62.9% over the past 5 years.
Debt Coverage: CNT's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: CNT earns more interest than it pays, so coverage of interest payments is not a concern.