Gift Infinite Balance Sheet Health
Financial Health criteria checks 4/6
Gift Infinite has a total shareholder equity of THB1.5B and total debt of THB498.9M, which brings its debt-to-equity ratio to 32.8%. Its total assets and total liabilities are THB2.2B and THB690.5M respectively. Gift Infinite's EBIT is THB132.5M making its interest coverage ratio -23.8. It has cash and short-term investments of THB329.1M.
Key information
32.8%
Debt to equity ratio
฿498.89m
Debt
| Interest coverage ratio | -23.8x |
| Cash | ฿329.09m |
| Equity | ฿1.52b |
| Total liabilities | ฿690.51m |
| Total assets | ฿2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GIFT's short term assets (THB1.3B) exceed its short term liabilities (THB175.3M).
Long Term Liabilities: GIFT's short term assets (THB1.3B) exceed its long term liabilities (THB515.2M).
Debt to Equity History and Analysis
Debt Level: GIFT's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: GIFT's debt to equity ratio has increased from 23.7% to 32.8% over the past 5 years.
Debt Coverage: GIFT's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: GIFT earns more interest than it pays, so coverage of interest payments is not a concern.