Italian-Thai Development Balance Sheet Health
Financial Health criteria checks 2/6
Italian-Thai Development has a total shareholder equity of THB11.1B and total debt of THB47.1B, which brings its debt-to-equity ratio to 422.7%. Its total assets and total liabilities are THB120.3B and THB109.2B respectively. Italian-Thai Development's EBIT is THB1.0B making its interest coverage ratio 0.5. It has cash and short-term investments of THB6.6B.
Key information
422.7%
Debt to equity ratio
฿47.06b
Debt
Interest coverage ratio | 0.5x |
Cash | ฿6.55b |
Equity | ฿11.13b |
Total liabilities | ฿109.16b |
Total assets | ฿120.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITD-R's short term assets (THB64.5B) do not cover its short term liabilities (THB74.0B).
Long Term Liabilities: ITD-R's short term assets (THB64.5B) exceed its long term liabilities (THB35.1B).
Debt to Equity History and Analysis
Debt Level: ITD-R's net debt to equity ratio (363.8%) is considered high.
Reducing Debt: ITD-R's debt to equity ratio has increased from 287.5% to 422.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ITD-R has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ITD-R has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.