T.C.J. Asia Balance Sheet Health
Financial Health criteria checks 5/6
T.C.J. Asia has a total shareholder equity of THB1.7B and total debt of THB240.0M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are THB2.7B and THB962.0M respectively.
Key information
13.8%
Debt to equity ratio
฿240.05m
Debt
Interest coverage ratio | n/a |
Cash | ฿275.32m |
Equity | ฿1.74b |
Total liabilities | ฿961.95m |
Total assets | ฿2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCJ's short term assets (THB938.2M) exceed its short term liabilities (THB668.1M).
Long Term Liabilities: TCJ's short term assets (THB938.2M) exceed its long term liabilities (THB293.8M).
Debt to Equity History and Analysis
Debt Level: TCJ has more cash than its total debt.
Reducing Debt: TCJ's debt to equity ratio has reduced from 14.3% to 13.8% over the past 5 years.
Debt Coverage: TCJ's debt is well covered by operating cash flow (59.7%).
Interest Coverage: Insufficient data to determine if TCJ's interest payments on its debt are well covered by EBIT.