Charoong Thai Wire and Cable Balance Sheet Health
Financial Health criteria checks 3/6
Charoong Thai Wire and Cable has a total shareholder equity of THB3.8B and total debt of THB1.5B, which brings its debt-to-equity ratio to 38.2%. Its total assets and total liabilities are THB6.1B and THB2.3B respectively.
Key information
38.2%
Debt to equity ratio
฿1.46b
Debt
Interest coverage ratio | n/a |
Cash | ฿491.89m |
Equity | ฿3.82b |
Total liabilities | ฿2.28b |
Total assets | ฿6.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CTW's short term assets (THB4.5B) exceed its short term liabilities (THB2.0B).
Long Term Liabilities: CTW's short term assets (THB4.5B) exceed its long term liabilities (THB238.7M).
Debt to Equity History and Analysis
Debt Level: CTW's net debt to equity ratio (25.3%) is considered satisfactory.
Reducing Debt: CTW's debt to equity ratio has increased from 16.1% to 38.2% over the past 5 years.
Debt Coverage: CTW's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if CTW's interest payments on its debt are well covered by EBIT.