Global Connections Balance Sheet Health
Financial Health criteria checks 3/6
Global Connections has a total shareholder equity of THB639.3M and total debt of THB1.1B, which brings its debt-to-equity ratio to 169.8%. Its total assets and total liabilities are THB2.2B and THB1.6B respectively. Global Connections's EBIT is THB251.1M making its interest coverage ratio 10. It has cash and short-term investments of THB52.4M.
Key information
169.8%
Debt to equity ratio
฿1.09b
Debt
| Interest coverage ratio | 10x |
| Cash | ฿52.43m |
| Equity | ฿639.29m |
| Total liabilities | ฿1.55b |
| Total assets | ฿2.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GC-R's short term assets (THB2.0B) exceed its short term liabilities (THB1.5B).
Long Term Liabilities: GC-R's short term assets (THB2.0B) exceed its long term liabilities (THB15.7M).
Debt to Equity History and Analysis
Debt Level: GC-R's net debt to equity ratio (161.6%) is considered high.
Reducing Debt: GC-R's debt to equity ratio has increased from 127.9% to 169.8% over the past 5 years.
Debt Coverage: GC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GC-R's interest payments on its debt are well covered by EBIT (10x coverage).