Itthirit Nice Corporation Balance Sheet Health
Financial Health criteria checks 6/6
Itthirit Nice has a total shareholder equity of THB346.2M and total debt of THB0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are THB501.2M and THB154.9M respectively. Itthirit Nice's EBIT is THB31.3M making its interest coverage ratio 18. It has cash and short-term investments of THB128.6M.
Key information
0%
Debt to equity ratio
฿0
Debt
| Interest coverage ratio | 18x |
| Cash | ฿128.60m |
| Equity | ฿346.24m |
| Total liabilities | ฿154.94m |
| Total assets | ฿501.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITTHI's short term assets (THB440.7M) exceed its short term liabilities (THB114.1M).
Long Term Liabilities: ITTHI's short term assets (THB440.7M) exceed its long term liabilities (THB40.9M).
Debt to Equity History and Analysis
Debt Level: ITTHI is debt free.
Reducing Debt: ITTHI has no debt compared to 5 years ago when its debt to equity ratio was 2.3%.
Debt Coverage: ITTHI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ITTHI has no debt, therefore coverage of interest payments is not a concern.