Thai Capital Corporation Balance Sheet Health
Financial Health criteria checks 5/6
Thai Capital has a total shareholder equity of THB1.1B and total debt of THB357.3M, which brings its debt-to-equity ratio to 33%. Its total assets and total liabilities are THB1.6B and THB552.7M respectively. Thai Capital's EBIT is THB95.9M making its interest coverage ratio 3.7. It has cash and short-term investments of THB207.4M.
Key information
33.0%
Debt to equity ratio
฿357.31m
Debt
| Interest coverage ratio | 3.7x |
| Cash | ฿207.42m |
| Equity | ฿1.08b |
| Total liabilities | ฿552.68m |
| Total assets | ฿1.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCC's short term assets (THB735.5M) exceed its short term liabilities (THB402.0M).
Long Term Liabilities: TCC's short term assets (THB735.5M) exceed its long term liabilities (THB150.7M).
Debt to Equity History and Analysis
Debt Level: TCC's net debt to equity ratio (13.8%) is considered satisfactory.
Reducing Debt: TCC's debt to equity ratio has increased from 8.5% to 33% over the past 5 years.
Debt Coverage: TCC's debt is well covered by operating cash flow (40.8%).
Interest Coverage: TCC's interest payments on its debt are well covered by EBIT (3.7x coverage).