Kijcharoen Engineering Electric Balance Sheet Health
Financial Health criteria checks 6/6
Kijcharoen Engineering Electric has a total shareholder equity of THB616.7M and total debt of THB125.9M, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are THB1.1B and THB441.1M respectively. Kijcharoen Engineering Electric's EBIT is THB190.4M making its interest coverage ratio 22.2. It has cash and short-term investments of THB55.3M.
Key information
20.4%
Debt to equity ratio
฿125.90m
Debt
Interest coverage ratio | 22.2x |
Cash | ฿55.30m |
Equity | ฿616.67m |
Total liabilities | ฿441.11m |
Total assets | ฿1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KJL's short term assets (THB378.7M) exceed its short term liabilities (THB356.6M).
Long Term Liabilities: KJL's short term assets (THB378.7M) exceed its long term liabilities (THB84.5M).
Debt to Equity History and Analysis
Debt Level: KJL's net debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: KJL's debt to equity ratio has reduced from 212.5% to 20.4% over the past 5 years.
Debt Coverage: KJL's debt is well covered by operating cash flow (149.3%).
Interest Coverage: KJL's interest payments on its debt are well covered by EBIT (22.2x coverage).