Thai Capital Corporation Balance Sheet Health
Financial Health criteria checks 4/6
Thai Capital has a total shareholder equity of THB1.1B and total debt of THB397.8M, which brings its debt-to-equity ratio to 35.8%. Its total assets and total liabilities are THB1.6B and THB498.1M respectively. Thai Capital's EBIT is THB106.5M making its interest coverage ratio 4.5. It has cash and short-term investments of THB294.4M.
Key information
35.8%
Debt to equity ratio
฿397.77m
Debt
| Interest coverage ratio | 4.5x |
| Cash | ฿294.37m |
| Equity | ฿1.11b |
| Total liabilities | ฿498.13m |
| Total assets | ฿1.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCC's short term assets (THB743.7M) exceed its short term liabilities (THB476.4M).
Long Term Liabilities: TCC's short term assets (THB743.7M) exceed its long term liabilities (THB21.7M).
Debt to Equity History and Analysis
Debt Level: TCC's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: TCC's debt to equity ratio has increased from 11.5% to 35.8% over the past 5 years.
Debt Coverage: TCC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TCC's interest payments on its debt are well covered by EBIT (4.5x coverage).