Global Connections Balance Sheet Health
Financial Health criteria checks 4/6
Global Connections has a total shareholder equity of THB606.4M and total debt of THB911.8M, which brings its debt-to-equity ratio to 150.4%. Its total assets and total liabilities are THB1.8B and THB1.2B respectively. Global Connections's EBIT is THB254.1M making its interest coverage ratio 12. It has cash and short-term investments of THB78.0M.
Key information
150.4%
Debt to equity ratio
฿911.80m
Debt
Interest coverage ratio | 12x |
Cash | ฿77.96m |
Equity | ฿606.41m |
Total liabilities | ฿1.24b |
Total assets | ฿1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GC's short term assets (THB1.6B) exceed its short term liabilities (THB1.2B).
Long Term Liabilities: GC's short term assets (THB1.6B) exceed its long term liabilities (THB15.6M).
Debt to Equity History and Analysis
Debt Level: GC's net debt to equity ratio (137.5%) is considered high.
Reducing Debt: GC's debt to equity ratio has increased from 134.5% to 150.4% over the past 5 years.
Debt Coverage: GC's debt is well covered by operating cash flow (29.2%).
Interest Coverage: GC's interest payments on its debt are well covered by EBIT (12x coverage).