Thai Capital Corporation Balance Sheet Health
Financial Health criteria checks 3/6
Thai Capital has a total shareholder equity of THB1.1B and total debt of THB359.3M, which brings its debt-to-equity ratio to 33.2%. Its total assets and total liabilities are THB1.6B and THB491.7M respectively. Thai Capital's EBIT is THB45.1M making its interest coverage ratio 1.8. It has cash and short-term investments of THB30.1M.
Key information
33.2%
Debt to equity ratio
฿359.32m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ฿30.07m |
| Equity | ฿1.08b |
| Total liabilities | ฿491.68m |
| Total assets | ฿1.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCC-R's short term assets (THB597.6M) exceed its short term liabilities (THB413.9M).
Long Term Liabilities: TCC-R's short term assets (THB597.6M) exceed its long term liabilities (THB77.8M).
Debt to Equity History and Analysis
Debt Level: TCC-R's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: TCC-R's debt to equity ratio has increased from 5.2% to 33.2% over the past 5 years.
Debt Coverage: TCC-R's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TCC-R's interest payments on its debt are not well covered by EBIT (1.8x coverage).