Kijcharoen Engineering Electric Balance Sheet Health
Financial Health criteria checks 5/6
Kijcharoen Engineering Electric has a total shareholder equity of THB635.7M and total debt of THB251.9M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are THB1.2B and THB557.5M respectively. Kijcharoen Engineering Electric's EBIT is THB183.5M making its interest coverage ratio 27.5. It has cash and short-term investments of THB42.0M.
Key information
39.6%
Debt to equity ratio
฿251.90m
Debt
| Interest coverage ratio | 27.5x |
| Cash | ฿42.02m |
| Equity | ฿635.69m |
| Total liabilities | ฿557.47m |
| Total assets | ฿1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KJL's short term assets (THB446.6M) do not cover its short term liabilities (THB503.5M).
Long Term Liabilities: KJL's short term assets (THB446.6M) exceed its long term liabilities (THB54.0M).
Debt to Equity History and Analysis
Debt Level: KJL's net debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: KJL's debt to equity ratio has reduced from 194.3% to 39.6% over the past 5 years.
Debt Coverage: KJL's debt is well covered by operating cash flow (55.5%).
Interest Coverage: KJL's interest payments on its debt are well covered by EBIT (27.5x coverage).