Gift Infinite Balance Sheet Health
Financial Health criteria checks 5/6
Gift Infinite has a total shareholder equity of THB1.9B and total debt of THB496.7M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are THB2.8B and THB853.1M respectively. Gift Infinite's EBIT is THB442.7M making its interest coverage ratio 17.3. It has cash and short-term investments of THB959.1M.
Key information
25.7%
Debt to equity ratio
฿496.74m
Debt
| Interest coverage ratio | 17.3x |
| Cash | ฿959.07m |
| Equity | ฿1.93b |
| Total liabilities | ฿853.14m |
| Total assets | ฿2.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIFT's short term assets (THB1.5B) exceed its short term liabilities (THB240.1M).
Long Term Liabilities: GIFT's short term assets (THB1.5B) exceed its long term liabilities (THB613.0M).
Debt to Equity History and Analysis
Debt Level: GIFT has more cash than its total debt.
Reducing Debt: GIFT's debt to equity ratio has increased from 20.8% to 25.7% over the past 5 years.
Debt Coverage: GIFT's debt is well covered by operating cash flow (29.9%).
Interest Coverage: GIFT's interest payments on its debt are well covered by EBIT (17.3x coverage).