Global Connections Balance Sheet Health
Financial Health criteria checks 3/6
Global Connections has a total shareholder equity of THB592.0M and total debt of THB1.0B, which brings its debt-to-equity ratio to 174.6%. Its total assets and total liabilities are THB2.0B and THB1.4B respectively. Global Connections's EBIT is THB251.8M making its interest coverage ratio 9.2. It has cash and short-term investments of THB47.2M.
Key information
174.6%
Debt to equity ratio
฿1.03b
Debt
| Interest coverage ratio | 9.2x |
| Cash | ฿47.25m |
| Equity | ฿591.99m |
| Total liabilities | ฿1.42b |
| Total assets | ฿2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GC's short term assets (THB1.8B) exceed its short term liabilities (THB1.4B).
Long Term Liabilities: GC's short term assets (THB1.8B) exceed its long term liabilities (THB15.8M).
Debt to Equity History and Analysis
Debt Level: GC's net debt to equity ratio (166.6%) is considered high.
Reducing Debt: GC's debt to equity ratio has increased from 125% to 174.6% over the past 5 years.
Debt Coverage: GC's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: GC's interest payments on its debt are well covered by EBIT (9.2x coverage).