Italian-Thai Development Balance Sheet Health
Financial Health criteria checks 2/6
Italian-Thai Development has a total shareholder equity of THB10.4B and total debt of THB46.8B, which brings its debt-to-equity ratio to 451.9%. Its total assets and total liabilities are THB117.1B and THB106.7B respectively. Italian-Thai Development's EBIT is THB1.4B making its interest coverage ratio 0.6. It has cash and short-term investments of THB5.0B.
Key information
451.9%
Debt to equity ratio
฿46.85b
Debt
| Interest coverage ratio | 0.6x |
| Cash | ฿4.95b |
| Equity | ฿10.37b |
| Total liabilities | ฿106.75b |
| Total assets | ฿117.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITD's short term assets (THB60.2B) do not cover its short term liabilities (THB86.9B).
Long Term Liabilities: ITD's short term assets (THB60.2B) exceed its long term liabilities (THB19.8B).
Debt to Equity History and Analysis
Debt Level: ITD's net debt to equity ratio (404.1%) is considered high.
Reducing Debt: ITD's debt to equity ratio has increased from 274.1% to 451.9% 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 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ITD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.