Kijcharoen Engineering Electric Balance Sheet Health
Financial Health criteria checks 5/6
Kijcharoen Engineering Electric has a total shareholder equity of THB631.8M and total debt of THB215.9M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are THB1.1B and THB502.5M respectively. Kijcharoen Engineering Electric's EBIT is THB193.3M making its interest coverage ratio 27.9. It has cash and short-term investments of THB49.1M.
Key information
34.2%
Debt to equity ratio
฿215.94m
Debt
| Interest coverage ratio | 27.9x |
| Cash | ฿49.10m |
| Equity | ฿631.75m |
| Total liabilities | ฿502.50m |
| Total assets | ฿1.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KJL's short term assets (THB415.5M) do not cover its short term liabilities (THB442.7M).
Long Term Liabilities: KJL's short term assets (THB415.5M) exceed its long term liabilities (THB59.8M).
Debt to Equity History and Analysis
Debt Level: KJL's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: KJL's debt to equity ratio has reduced from 200% to 34.2% over the past 5 years.
Debt Coverage: KJL's debt is well covered by operating cash flow (80%).
Interest Coverage: KJL's interest payments on its debt are well covered by EBIT (27.9x coverage).