Megachem (Thailand) Balance Sheet Health
Financial Health criteria checks 5/6
Megachem (Thailand) has a total shareholder equity of THB738.7M and total debt of THB123.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are THB1.0B and THB286.8M respectively. Megachem (Thailand)'s EBIT is THB136.6M making its interest coverage ratio 30.8. It has cash and short-term investments of THB91.7M.
Key information
16.7%
Debt to equity ratio
฿123.16m
Debt
| Interest coverage ratio | 30.8x |
| Cash | ฿91.71m |
| Equity | ฿738.73m |
| Total liabilities | ฿286.85m |
| Total assets | ฿1.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGT's short term assets (THB563.4M) exceed its short term liabilities (THB236.8M).
Long Term Liabilities: MGT's short term assets (THB563.4M) exceed its long term liabilities (THB50.1M).
Debt to Equity History and Analysis
Debt Level: MGT's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: MGT's debt to equity ratio has increased from 1% to 16.7% over the past 5 years.
Debt Coverage: MGT's debt is well covered by operating cash flow (70.3%).
Interest Coverage: MGT's interest payments on its debt are well covered by EBIT (30.8x coverage).